joule21
New Member

My is my capital loss not allowed and not reported to IRS? Wash rule does not apply as I didn't buy any stocks, just sold at a loss. So why is loss not allowed?

I sold the stock on 12/23/2022.  I had purchased the said stock in June 2021.  I have not bought any stocks since August of 2022, so wash rule should not apply.  Why does my 1099 Consolidated form shows my loss is Not allowed and also not reported to IRS?
This is in the section of Long Term Transactions for Covered Tax Lots.