Wash sale loss disallowed

Wash sale loss disallowed

is my undertanding of "Wash sale loss disallowed" correrct, if sold xyx for loss, but purchased it back, its not allowed to show as loss for 2022. but if i sell , xyz in 2023 my net is the gain or loss on the 2nd transaction minus the lost on the first?

coming up because im doing my taxes.

submitted by /u/RumblefishAZ
rate hiking cycle in the past vs stock market

Back in 2004, Bernanke started raising rates. I believe he raised rates consecutively going into 2006. Stock market still went up into September 2007 despite the hikes. In 2017 to fall 2018, Yellen and Powell raised rates. The stock market also went up despite the hikes. Fast forward to late 2021. The stock market topped BEFORE the Fed started to hike. I think this is a sign that the bubble in 2021 was so monstrous that historical precedent didn't matter. Th

What are your favorite REITs and why?

Hi everyone! I'm interested in investing in Real Estate Investment Trusts (REITs) and was wondering what your favorite REITs are and why you like them. I currently have my eye on MPW, but I'm curious to see what other REITs people are invested in and what makes them a good investment. Are there any REITs that have performed particularly well for you over the years? Or any that you're keeping an eye on right now? I'd love to hear your thoughts and

Just curious regarding the bud light saga

Over the years i have seen people avoid to buy certain companies because they support thigs like fosil fuels, now with this development over bud light. Is someone considering to not have Anheuser-Busch stock because of all this trams nonsense? Or vise vera since they are so woke maybe you will add some jn your portfolio.

submitted by /u/Physical-Village2111
Help with accoutning for a Merger Sale + CVR for tax purposes.

Company I had shares of, AGTC, sold out to another company. Was given X amount of $ per share at a loss, with a CVR for more if certain drug milestones are met.

My tax form doesnt show any sales (I held everything else this year). Detailed reference info shows the merger and relevant details, as well as the total loss. But again, on the actual "official" part of the form, shows no sales. So I'm not sure if it's because it isn't repor

How exactly does someone live off their investments? VOO as an example

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Say I’m 60 and have been investing for decades and am ready to retire/live off my investments.

How is it done exactly?

I have dividends reinvested and since I don’t cash out and only contribute, I don’t pay much attention to my accounts. Currently working full ti

SQ or PYPL: Which payment processing company should I invest in?

Hey everyone,

I'm looking to invest in the payment processing industry and have narrowed down my options to Square (SQ) and PayPal (PYPL). However, I'm having trouble deciding between the two companies.

On one hand, Square has been growing rapidly and has a diverse range of products and services such as their Cash App and Square Capital. On the other hand, PayPal has a strong brand recognition and is a well-established player in the industr

What are Your Favorite Dividend Stocks? Let's Share Our Picks

Hey, I'm interested in hearing what everyone's favorite dividend stocks are. As someone who values passive income, I've been building a portfolio of dividend-paying stocks and have recently started buying Medical Properties Trust (MPW) during a dip.

But I'm always looking for new ideas and opportunities. What are your favorite dividend stocks and why do you like them? Are there any undervalued or overlooked picks you think are worth consid

What's your largest position in your portfolio right now?

Hey everyone, I'm curious to know what the biggest holding in your portfolio is at the moment. Personally, I'm heavily invested in Amazon, as I believe the company's growth potential is still massive, especially in the e-commerce and cloud computing spaces.

But enough about me - what about you? Are you putting most of your eggs in one basket, or diversifying across multiple stocks or sectors? And what's the rationale behind your largest po


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