Wash sale loss disallowed


Wash sale loss disallowed

is my undertanding of “Wash sale loss disallowed” correrct, if sold xyx for loss, but purchased it back, its not allowed to show as loss for 2022. but if i sell , xyz in 2023 my net is the gain or loss on the 2nd transaction minus the lost on the first?

coming up because im doing my taxes.


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