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Lets say I have many lots of stock X, some positive, some negative, and I want to buy more of X, but also use the negative of X to offset other gains.

I understand that it be a wash sale if I sell X (and A, B, C that have profits), use fund from sale to buy Y, but use new funds to rebuy X.

But what happens, if I do the opposite, I use new funds to buy X, and only then sell X (and A, B, C) and then use the funds from those sales to buy Y

does this also trigger wash sale rule?



Submitted January 13, 2023 at 04:41AM by nhlfanatical https://ift.tt/VEQhDLF

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