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sharmiro
Returning Member

deferred loss from 2024

Bought stock in 2011 and sold in late 2024, but a capital gains distribution right after triggered another buy, and about half of my loss was considered deferred.  Where does that go in 2025...it is not showing on my 2024 return as a deferred loss.

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1 Reply
MinhT1
Expert Alumni

deferred loss from 2024

Your sale in late 2024 was a wash loss, and the loss was disallowed. That loss is added to the cost basis of the stock you subsequently bought. It is not carried over to your 2025 tax return, but will only be "realized" when you sell the stock last bought.

 

Please read this IRS document.

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