I dca down on goog and just sold today for a gain. However, since some of my shares were purchased above the sale price, if the price comes in and I buy again, my understanding is it will still trigger a wash sale even though I sold for an overall gain.
If I buy googl instead, would my brokrage (schwab) trigger it as a wash sale? I know the rule says substantially identical (which it probably is), but if the IRS wants to come after me for a small wash sale on something I had an overall gain on, then so be it. I'll pay the fine. More than anything it just makes it cleaner on my end when I'm looking at my overall gains and losses.
I just want to know if schwab will automatically flag it as a wash sale. Does anyone know?
[link] [comments] https://www.reddit.com/r/stocks/comments/13p56dr/wash_sale_goog_vs_googl_schwab/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
