Question

Stock losses and wash

Forum|Forum|4 years ago
December 27, 2021
1 reply
0 views

I think I understand the wash sale but my old accountant says I need to pay tax on the losses. Doesn't seem right to me. I understand I can't use the loss against my gains but why would I have to pay tax on losses?

rjs

Employee

Please keep all your related questions in one thread. Do not post separate questions about the same issue. It's too confusing and hard to follow, and hard to see the whole picture, if information is scattered in multiple threads. If you want to add more information or post a follow-up question, add a reply to your original question.