According to Investopedia:
The Wash-Sale Rule states that, if an investment is sold at a loss and then repurchased within 30 days, the initial loss cannot be claimed for tax purposes. In order to comply with the Wash-Sale Rule, investors must therefore wait at least 31 days before repurchasing the same investment.
There are some scenarios where I'm not quite clear on.
Scenario 1:
- January 1st sold 100 shares of Disney for a loss.
- January 15th purchased 1 share of Disney.
Does this trigger the rule? Does the 1 share ruin the whole 100 shares?
Scenario 2:
- January 1st bought 1 share of Apple for $100
- January 7th sold 1 share of Apple for $90
- January 14th bought 1 share of Apple for $80
Does this trigger the rule even though you're buying at an even lower price than the original purchase?
Scenario 3:
Date | Robinhood | TD Ameritrade |
---|---|---|
Jan 1 | Buys 1 Apple share @ $100 | |
Jan 7 | Buys 1 Apple share @95 | |
Jan 14 | Sells 1 Apple share @96 | |
Jan 21 | Buys 1 Apple share @96 |
Does this trigger the rule?
Scenario 4:
Date | Robinhood | TD Ameritrade |
---|---|---|
Jan 1 | Buys 1 Apple share @ $100 | |
Jan 7 | Buys 1 Apple share @95 | |
Jan 14 | Sells 1 Apple share @96 | |
Jan 21 | Buys 1 Apple share @96 |
Does this trigger the rule?
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