Wash Sale Loss Disallowed Wash sales. Report wash sale loss amount disallowed. You must report any loss disallowed under section 1091 if both the sale and purchase transactions occur in the same account with respect to covered securities with the same CUSIP number. You are permitted, but are not required, to report in box 1g all loss disallowed under section 1091. For example, you may report a disallowed loss even though a security is sold in one account and repurchased in a different account. Increase the adjusted basis of the acquired securities by the amount of the disallowed loss reported in box 1g. You also do not have to apply the wash sale rules if: • The purchased security is transferred to another account before the wash sale, • The purchased security was purchased in another account and later transferred into the account from which securities were sold, • The securities are treated as held in separate accounts, or • The customer has notified you in writing (including in an electronic format) that he or she has made a valid and timely mark-to-market election under section 475 and identifies the account from which the securities were sold as containing only securities subject to the election.
For more details, see Regulations section 1.6045-1(d) (6)(iii).
Example. Your customer Alex buys 100 shares for $1,000 in September 2020. In October 2020, he sells them for $600. Within 30 days of the sale, he buys 75 shares with the same CUSIP number in the same account. Since his loss is $400 ($1,000 minus $600) but the loss on 75 shares is disallowed, his disallowed loss is $300. Report the $600 gross proceeds from the sale in box 1d, $1,000 basis in box 1e, and $300 wash sale loss disallowed in box 1g. The $300 in disallowed loss is added to his basis in the newly purchased 75 shares.
Your customer Alex buys 100 shares for $1,000 in September 2020. In October 2020, he sells them for $600. Within 30 days of the sale, he buys 75 shares with the same CUSIP number in the same account. Since his loss is $400 ($1,000 minus $600) but the loss on 75 shares is disallowed, his disallowed loss is $300. Report the $600 gross proceeds from the sale in box 1d, $1,000 basis in box 1e, and $300 wash sale loss disallowed in box 1g. The $300 in disallowed loss is added to his basis in the newly purchased 75 shares.
Wash Sale Loss Disallowed 的钱加到 Gain 里去了！
这样本金损失5万，结果因为Wash Sale Loss Disallowed算成 Gain 5万，还要交税! 有没有好的办法减少税务损失？
谢谢了！
想让我解释你的告诉我your wash sale details.
https://www.irs.gov/pub/irs-prior/i1099b--2020.pdf
Page 10
Box 1g.
Wash Sale Loss Disallowed Wash sales. Report wash sale loss amount disallowed. You must report any loss disallowed under section 1091 if both the sale and purchase transactions occur in the same account with respect to covered securities with the same CUSIP number. You are permitted, but are not required, to report in box 1g all loss disallowed under section 1091. For example, you may report a disallowed loss even though a security is sold in one account and repurchased in a different account. Increase the adjusted basis of the acquired securities by the amount of the disallowed loss reported in box 1g. You also do not have to apply the wash sale rules if:
• The purchased security is transferred to another account before the wash sale,
• The purchased security was purchased in another account and later transferred into the account from which securities were sold,
• The securities are treated as held in separate accounts, or
• The customer has notified you in writing (including in an electronic format) that he or she has made a valid and timely mark-to-market election under section 475 and identifies the account from which the securities were sold as containing only securities subject to the election.
For more details, see Regulations section 1.6045-1(d) (6)(iii).
Example. Your customer Alex buys 100 shares for $1,000 in September 2020. In October 2020, he sells them for $600. Within 30 days of the sale, he buys 75 shares with the same CUSIP number in the same account. Since his loss is $400 ($1,000 minus $600) but the loss on 75 shares is disallowed, his disallowed loss is $300. Report the $600 gross proceeds from the sale in box 1d, $1,000 basis in box 1e, and $300 wash sale loss disallowed in box 1g. The $300 in disallowed loss is added to his basis in the newly purchased 75 shares.
谢谢大侠！
Your customer Alex buys 100 shares for $1,000 in September 2020. In October 2020, he sells them for $600. Within 30 days of the sale, he buys 75 shares with the same CUSIP number in the same account. Since his loss is $400 ($1,000 minus $600) but the loss on 75 shares is disallowed, his disallowed loss is $300. Report the $600 gross proceeds from the sale in box 1d, $1,000 basis in box 1e, and $300 wash sale loss disallowed in box 1g. The $300 in disallowed loss is added to his basis in the newly purchased 75 shares.
您的客户Alex在2020年9月以1,000美元的价格购买了100股。在2020年10月，他以600美元的价格出售了它们。 在出售后的30天内，他在同一帐户中购买了具有相同CUSIP编号的75股股票。 由于他的损失为$ 400（$ 1,000减去$ 600），但不允许75股损失，因此他的不允许损失为$ 300。 在框1d中报告销售的总收入$ 600，在框1e中报告$ 1,000的基础，并在框1g中禁止$ 300的清洗销售损失。 在新购买的75股股票中，$ 300的不允许亏损被加到了他的基础上。
You'll have to show me your 1099-B
我已经本金损失5万，又要把这5万，因为wash sale, 被算成Gain5万去交税，怎么减少税务损失？
原来以为损失5万不抵税， 怎么变成Gain5万还要交税
因为他交易太多，这五万元wash sale 不是一两只股票的问题，肯定是几十几百个交易混在一起，交易行的计算机自动算出来哪个交易triggered，所以他自己都不知道哪个股票trigger了，而且day trader，今天买50，明天卖25，后天又买100只，谁知道他现在股票的cost basis。
来这里问，无法回答，去找会计好了，五万元的的税款也有一万多元，还想DIY。
loss disallowed 总共是5万，并算到Gain里！ 其中4个股票的 wash sale loss disallowed占了80%！
我找了会计师，会计师说要按1099-B表来报税， 那这样就损失很大了！所以咨询大牛们如何处理可以减少税务损失！
但一些股票在12/31 已经都全部卖掉了，依然给我算入Wash Sale Loss Disallowed! 这种情况我要找Merrill Lyndge 去argure? 还是找会计师去纠正？
不知道日交短炒的人如何处理！
谢谢！
it is useless on how you can do.
30天内卖了又买的部分是wash sale, 年底又卖的部分以把wash sale loss 算上后的买价算底价，二者没有冲突，跟谁都不必浪费时间争论。
https://www.forbes.com/sites/shaharziv/2021/03/26/robinhood-trader-may-face-800000-tax-bill/?sh=a63c2da67c79
wash sale。loss不能计入当年的报税。