If a wash sale rule triggered, will the date changes? Do I have to hold the for 30 or 60 more days to get out of this stupid rule?
I currently have HYLN warrants, and I want to sell at a loss so I can write off taxes, but I innocently triggered wash sale rule twice (thought I was safe to sell). Wonder what steps can I do.
I think the best way is to hold these warrants? Though it would be annoying to convert them to shares, I would like to understand when can I sell for losses.
Background: I purchased 300 warrants originally, then I sold some gains on SHLL shares to buy 100 more pre-converted HYLN (still SHLL)warrant around 10/1. Then I sold 18 days(ish) later to realize it would triggered a wash sale. That's fine. Then i impulsively purchased 50 more about less than 1 month later, then I just sold 50 warrants 25 days or so later which was 2 days or so ago (2nd triggered).
Thank you for reading!
Submitted November 28, 2020 at 03:50AM by kuuui https://ift.tt/2VbazDn
