Another wash sale question

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  • #5638
    sandprasad
    Participant

    Hi,

    I sold some stocks from an old batch of vested RSUs on 1/6/2019. These were sold at a loss.

    Some of my RSUs vested and converted to stock on 1/20/2019.

    Does the wash sales apply to my stocks that I sold on 1/6/2019 ?

    I was under the impression that wash sales would apply if I actually bought the shares not when the RSU vested that were part of compensation. UBS has marked the transaction for wash sales and adjusted the loss from the sale on 1/6/2019 to 0 in my 1099. Is that right ?

    Thanks !

    • This topic was modified 1 year, 5 months ago by sandprasad.
    #7609
    jlehrer
    Participant

    A quick google of “RSU WASH SALE” brings up this page as the first hit (for me) which explains it well. Your broker did it correctly. This is a wash sale:

    RSU, Capital Losses, and Wash Sale

    -J

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