[vera]

someone has the following transactions:

10/12/2010 bought 100 shares of stock for 500，

12/10/2012 she sold them all for 300，

01/06 /2013 she bought 50 shares for 200 ,

02/10/2013 sold for 30 shares for 400，

07/12/2013 bought another 50 shares for 500.

what are the 12/10/2012, 02/10/2013basis,realized,recognize?

Thanks

[SullivanNJD]

Im not really sure on washy's as well but the 1/6/13 repurchase would wipe out 50 shares of the previous loss because it was within 30 days of the sale.

So originally 100 shares were bough at 5 per share for a basis of 500

Then you sold 100 shares at 3 per share for 300 for a Realized loss of 200 (500-300)

Since the 50 were bought back within 30 days, that portion of the loss cannot be recognized so essentially you sold only 50 shares @ 3 per share for a recognized loss of 150.

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[Anonymous]

Let me try to answer this and let me know if it's correct.

12/10/2012

Basis = $500

Realized = $200

Recognized = $100 (since 1/2 of stocks sold repurchased within 30 days, 100 was disallowed loss)

02/10/2013

Basis = $180 ($200 repurchase price + $100 disallowed loss) / 50 shares x 30 shares

Realized = $220 (400-180)

Recognized = $220 (next purchase was not wash sale)

[Author]

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