Friendly Reminder to Understand the Wash Rule – Don’t be me


Long story short made nice gains on GME last year, but one of the days I had a 6k wash sale.

I put aside money for taxes and didn’t learn until today that I owe taxes disallowed loss. I just figured i couldn’t found those losses but in my non-professional view they’ve been added to my gains. I’m sure there’s a more proper way to explain it.

After searching Reddit there are many posts regarding this.

Anyways not a fun thing to find out.

Still in the green, but I feel like an ass clown.


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