topic How does wash sales affect the type (long vs short term) losses? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-does-wash-sales-affect-the-type-long-vs-short-term-losses/01/839151#M35686 <UL><LI>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?</LI></UL><P>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?</P><P>Thanks</P> Fri, 09 Aug 2019 17:23:04 GMT Ikk 2019-08-09T17:23:04Z How does wash sales affect the type (long vs short term) losses? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-does-wash-sales-affect-the-type-long-vs-short-term-losses/01/839151#M35686 <UL><LI>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?</LI></UL><P>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?</P><P>Thanks</P> Fri, 09 Aug 2019 17:23:04 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-does-wash-sales-affect-the-type-long-vs-short-term-losses/01/839151#M35686 Ikk 2019-08-09T17:23:04Z Re: How does wash sales affect the type (long vs short term) losses? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-how-does-wash-sales-affect-the-type-long-vs-short-term-losses/01/839161#M35687 <P>Regardless of any other considerations, the holding period of a wash sale security is added to the holding period of the replacement security.</P> Fri, 09 Aug 2019 18:08:07 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-how-does-wash-sales-affect-the-type-long-vs-short-term-losses/01/839161#M35687 Anonymous_ 2019-08-09T18:08:07Z