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Ikk
Level 1

How does wash sales affect the type (long vs short term) losses?

  • Does wash sales affect the type (long vs short term) losses? If i have a short term loss that's about to become long term, and i conduct a wash sale (and immediately buy back) the day before that, can i retain the short term loss status for another 12 months or does it become long term the next day?

Alternatively if I have a long term loss and I conduct a wash sale and buy back, does the loss remain long term or become short term for the next 12 months?

Thanks

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Accepted Solutions

How does wash sales affect the type (long vs short term) losses?

Regardless of any other considerations, the holding period of a wash sale security is added to the holding period of the replacement security.

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How does wash sales affect the type (long vs short term) losses?

Regardless of any other considerations, the holding period of a wash sale security is added to the holding period of the replacement security.

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