Washsale for daytrading
Washsale for daytrading
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Prakash · External communityPost link
External question — Personal Finance Stack Exchange
Author: Prakash
Original post: https://money.stackexchange.com/questions/119249
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 have following scenario of washsale ? Can someone please help me if wash sale will apply to me in any case ?
I knwo for three trades i made in Dec 2019 has wash sale but is covered with profit I made oon 12/16/19. So basically i had net profit in 2019. However I am not sure of what to do for the loss I made on 01/16/2020.
TGT traded on 12/17/19 with a loss of $7.5 ( qty 250)
TGT traded on 12/20/19 with a loss of $26 ( qty 200)
TGT traded on 12/26/19 with a PROFIT of $98 ( qty 200)
in year 2020 ---
TGT traded on 01/16/2020 with loss of $23.90 ( qty 150)
** All of these are day trades ( bought and sold same day). **
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Prakash Source score (net votes, not local likes): 1 Original post: https://money.stackexchange.com/questions/119249 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 have following scenario of washsale ? Can someone please help me if wash sale will apply to me in any case ? I knwo for three trades i made in Dec 2019 has wash sale but is covered with profit I made oon 12/16/19. So basically i had net profit in 2019. However I am not sure of what to do for the loss I made on 01/16/2020. TGT traded on 12/17/19 with a loss of $7.5 ( qty 250) TGT traded on 12/20/19 with a loss of $26 ( qty 200) TGT traded on 12/26/19 with a PROFIT of $98 ( qty 200) in year 2020 --- TGT traded on 01/16/2020 with loss of $23.90 ( qty 150) ** All of these are day trades ( bought and sold same day). **
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