Wash sale question

Home Fairmark Forum Taxation of Investments Wash sale question

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  • #7258
    Eric111
    Participant

    If I had $500 in wash sales last year are those losses allowed to be deducted or carried over into 2020 as a loss? Or are they permanent losses?

    #7259
    kaneohe
    Participant

    Wash Sales 101

    The disallowed losses are added to the basis of the replacement shares. When you sell the replacement shares, the losses will be recovered

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