Skip to main content
March 7, 2024
Solved

Wash Sale Disallowed Category

  • March 7, 2024
  • 1 reply
  • 0 views

On my Fidelity Form that lists stock sales, under some of the sales there is a number in Column 1g - Wash Sale Loss Disallowed, which reduces my loss and/or increases my gain.  What is this and why do I have it?  Thank you!

Best answer by RobertB4444

A wash sale is a sale where a stock is sold at a loss and then the same stock is purchased within 30 days.  The loss isn't allowed if you do that.

 

@SeattleMom 

1 reply

March 7, 2024

A wash sale is a sale where a stock is sold at a loss and then the same stock is purchased within 30 days.  The loss isn't allowed if you do that.

 

@SeattleMom 

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"