The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/it39s-the-earlier-part-that-causes-the-problem-34768690.aspx

Subject:  Re: federal income tax questions Date:  3/3/2021  10:19 PM
Author:  vkg Number:  132148 of 132662

It's the earlier part that causes the problem - the wash sale, not a later sale that includes the wash-adjusted basis.

--Peter


The first transaction that caused the wash sale was properly handled. The cost basis was adjusted by the wash sale amount.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us