If you sold all your mutual fund shares in May and did not establish any new position in the fund for at least 31 days after that, it does not matter whether there was in between a wash sale or not--the math will work out the same either way. You can forget wash sale rules and just calculate your profits and losses normally. A wash sale defers a loss for tax purposes. It does not wipe it out. The loss in a wash sale is added to the next cost basis, effectivly being subtracted from the next profit or adding to the next loss. You can play with the numbers. Once you got out and stayed out the requisite time, what went on previously all works out the same either way. Best wishes, Chris
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