• wash sale confusion

    From MZB@21:1/5 to All on Thu Dec 29 16:37:45 2016
    On 12/20/16 I sold short say 400 sh. Of XYZ and covered that day, for a
    $200 loss.

    On 12/29, I again sold short 400sh. Of XYZ. So, at the moment, the wash
    sale rule is in effect and I cannot take the $200 loss in TY 2016.

    Suppose I buy those shares back on 12/30. I don’t believe that gain or
    loss can be taken in 2016 for that short sale. So, that gain/loss goes
    in 2017. But what about the wash sale $200 loss. Does that also go in
    2017 or can it be claimed in 2016


    Mel

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