Recent content by eugene077

Sorry for not being clear. I plan to get flat on November 30th and not trade those securities any more until the following year. How/why does this allow me to claim wash sale losses for the year, which IRS seems to disallow?

THanks; are you saying that if I sell all offending stocks at the end of the year, I can claim wash sale losses on my tax return, even though the brokerage tax statements will still clearly identify these sales with a "wash-sale-disallowed" flag???

Hi, thanks for contributing to this thread. I'm new to this, and just realized that I have the same problem - wash sales across more than one account. Could you clarify, what you mean by "get flat" in a security before December, and why does this solve the problem? My understanding that the wash...