I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if thefirst transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
--No wash sale. The first transaction to close has to be a loss.
On Friday, March 17, 2023 at 4:20:22 AM UTC-4, D L wrote:first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if the
--No wash sale. The first transaction to close has to be a loss.
Ira Smilovitz, EA
Leonia, NJ
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if thefirst transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
On 3/17/2023 4:20 AM, D L wrote:first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if the
Your timeline seems a bit off, wash sale or not.These are the facts. What is your point?
--
On Saturday, March 18, 2023 at 10:38:55 AM UTC-7, Wilson wrote:first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
On 3/17/2023 4:20 AM, D L wrote:
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if the
These are the facts. What is your point?Your timeline seems a bit off, wash sale or not.
--
On 3/19/2023 12:31 AM, D L wrote:the first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
On Saturday, March 18, 2023 at 10:38:55 AM UTC-7, Wilson wrote:
On 3/17/2023 4:20 AM, D L wrote:
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if
These are the facts. What is your point?Your timeline seems a bit off, wash sale or not.
--
I saw that too:
You sold a stock on 3/8/22.
THEN you bought the same stock on 2/11/22.
Did you really "THEN buy the same stock" on MARCH 11, 2022 maybe?
--
D L wrote:
Wilson wrote:You confused the issue when you said 'then.' Back atcha.
D L wrote:These are the facts. What is your point?
Your timeline seems a bit off, wash sale or not.
I sold a stock on 3/8/2022 at a very slight profit. Then, I
bought the same stock on 2/11/2022 at a slightly lower price.
The stock is now trading lower than the purchase price on
2/11/2022. Does the wash sale rule apply here. I have read that
if the first transaction had a loss, then the wash sale rule
applies. But, it was not. Thanks.
--
On Saturday, March 18, 2023 at 10:38:55 AM UTC-7, Wilson wrote:first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
On 3/17/2023 4:20 AM, D L wrote:
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on 2/11/2022. Does the wash sale rule apply here. I have read that if the
These are the facts. What is your point?Your timeline seems a bit off, wash sale or not.
--
On 3/19/2023 12:31 AM, D L wrote:
On Saturday, March 18, 2023 at 10:38:55 AM UTC-7, Wilson wrote:2/11/2022. Does the wash sale rule apply here. I have read that if the first transaction had a loss, then the wash sale rule applies. But, it was not. Thanks.
On 3/17/2023 4:20 AM, D L wrote:
I sold a stock on 3/8/2022 at a very slight profit. Then, I bought the same stock on 2/11/2022 at a slightly lower price. The stock is now trading lower than the purchase price on
I saw that too:
You sold a stock on 3/8/22.
THEN you bought the same stock on 2/11/22.
Did you really "THEN buy the same stock" on MARCH 11, 2022 maybe?
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