Capital Gains and Losses
Questions and comments about tax rules for buying and selling stocks, mutual funds, real estate and other assets.
Wash sale for substantially identical securities
Posted by: FM, May 31, 2017 11:51PM
I used the 1099 information provided by my broker for my taxes. I traded different options for the same underlying security, but the 1099 only reported wash sales for the same exact option. After reading some more I have found that wash sales apply to substantially identical securities which is the case here. I didn't have any positions, nor did I trade any options in December. Even though I don't seem to have reported the wash sales correctly, it seems like I should be OK since I didn't trade any options in December. Is that correct?

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