I’m holding off filing my taxes because I’m a bit paranoid about misinterpreting the wash sale rule. I think I’m good since I sold one security, some for a gain and some for a loss, and bought a different security, I just want to be extra careful. End of this month should mark 65 days since those transactions happened, and I may need to do some rebalancing.
I usually update my spreadsheet again when I do taxes, so I’m excited to see if I crossed another milestone. I update my accounts more frequently, but I only check my SO’s accounts at tax time.
You should be fine re: the wash rule. Just remember it’s 30 days before and after the sale (so make sure if you bought any of that security 30 days before you sold, you have to have sold that lot as well).
I’m holding off filing my taxes because I’m a bit paranoid about misinterpreting the wash sale rule. I think I’m good since I sold one security, some for a gain and some for a loss, and bought a different security, I just want to be extra careful. End of this month should mark 65 days since those transactions happened, and I may need to do some rebalancing.
I usually update my spreadsheet again when I do taxes, so I’m excited to see if I crossed another milestone. I update my accounts more frequently, but I only check my SO’s accounts at tax time.
You should be fine re: the wash rule. Just remember it’s 30 days before and after the sale (so make sure if you bought any of that security 30 days before you sold, you have to have sold that lot as well).