Been reading up on wash sales and i understand you can't sell a stock then rebuy for 30 days. What confuses me is the 30 days "before" part of the rule.
Scenario 1.
- I buy 100 shares of abc stock Jan 1
- I sell 50 shares of abc stock Jan 15 for a loss
- No action taken after the sale for 31+ days
- No wash sale, correct?
Scenario 2.
- I buy 30 shares of abc stock Dec 1 at $100 a share
- I buy 30 shares of abc stock Jan 15 at $75 a share
- I buy 30 shares of abc stock Jan 20 at $50 a share
- I sell 60 shares of abc stock Jan 30 at $50 a share (Selling Dec 1 and Jan 15 shares)
- No action taken after the sale for 31+ days
- No wash sale, correct?
Thanks!
