How do i take a loss for tax purposes if i have a wash sale but closed the position and wasn't planning on repurchasing any additional shares?

External question — Personal Finance Stack Exchange Author: Ric Forsythe Original post: https://money.stackexchange.com/questions/127149 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I've been actively trading a stock but am now out of the position and wasn't planning to reinvest in the security. I have some wash sale losses that i would like to use for tax purposes. Is my only option to repurchase shares after the 30 day window closes? I'm assuming i could do that and then simply turn around and sell right away to adjust the cost basis and take the loss, as long as I don't reinvest in the same stock again within the 30 day window - is that how traders do it?