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Investors & landlords
@NCperson, thanks for replying. Wanted some clarity on this part: "the washsale triggers all purchase transactions that occur 30 dayseither sideof a loss transaction, so you have to look 30 days prior, the day of, and 30 days after the transaction or 61 days."
So in your scenario, is it a wash sale because you made a loss on one set of purchases while you might have made a profit at another? To clarify, if the stock had gone down to $9, would it have been a wash sale regardless of which lot of shares you sold, just because you purchased shares 30 days prior? That would technically mean that almost any short-term trading loss would result in a wash sale and that seems weird to me.
‎August 21, 2022
11:55 PM