Reply To: If long term gain is more than short term loss

Home Fairmark Forum Taxation of Investments If long term gain is more than short term loss Reply To: If long term gain is more than short term loss

#1402
Kaye Thomas
Moderator

Gotcha. IRS takes the position that the wash sale rule applies separately to each lot, even when multiple lots of the same security are sold in a single transaction. Therefore, buying this ETF again within 30 days after the sale will cause loss to be disallowed, even though you have an overall gain on your sale transaction.