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Assume that you have purchased multiple lots of a security over time and have a lot that was purchased above the current market price of the security. Can you sell that single lot and claim a capital loss? Or, does the bolded sentence require you to sell all lots of the security before you can claim a capital loss starting in 2022?

This has no impact on wash sales from stock sales. What it does is extend the wash sale concept to "loss" sales of commodities, currencies and digital assets.


Expanding on my answer, Section 1091 defines what a wash sale is. For stocks and certain other security classes, it's a sale at a loss where substantially identical securities are purchased within the window that begins 30 days before the loss sale and ends 30 days after the sale date.

Ira
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