Wash Sale Rule - 60 days?

30 days before? What happens in this scenario-





6/24 Buy 100 XYZ


6/24 Sell 100 XYZ no loss (profit)





7/3 Buy 100 XYZ


7/3 Sell 100 XYZ no loss (profit)





7/4 Buy 100 XYZ


7/4 Sell 100 XYZ at a loss


no more purchases of XYZ





SO in the 7/4 loss does the 30 days before apply?


Which means I cannot take a loss?


And does the loss get added backward to the second purchase's cost basis?Wash Sale Rule - 60 days?
it all gets added together at tax time; these are all short-term positions.


you have three sales, three rows of form 1040 schedule d entries, one net result.Wash Sale Rule - 60 days?
The rule is you can't buy replacement shares.





The purchases on 6/24 and 7/3 were already sold and assigned to other transactions so you can't assign the loss to them.





You take the loss.