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Over the course of 30 days I gradually bought 101 shares of stock. I recently sold 43 shares of that stock at a small loss (less than 3 dollars). I was left with 58 shares and to make it an even number I bought 2 shares back to have 60 total. A week or so later I decided to sell all 60 shares and get completely out, this time at a loss of around 30 bucks. All of the buying and selling happened withn a 30 day period. Does this constitute a "wash sale" and how should I handle it when filing taxes next year? Thanks in advance.
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Since all the purchases and sales took place in the same year, and you ended up selling all the shares, it doesn't matter whether you treat it as a wash sale or not. Your total gain or loss will be the same either way. You will get a Form 1099-B from the brokerage at the end of the year showing all the sales. Just report it on your tax return the way it's shown on the 1099-B.
Thank you very much!
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