Solved
Claiming Wash Sale
In 2020 I had $5,000 of Wash Sale Losses that were disallowed. Can I claim a portion or all of these losses on 2021's Tax returns? How do I find out what the limits are to claiming these losses?
You do not claim your wash sale loss disallowed. The disallowed loss is added to the cost basis of the stock that you repurchased within the 30-day period and you will have the benefit of the disallowed loss when you ultimately sell the repurchased stock.
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