Your broker should have it for you if you use a reputable one. Answer from cowking81 on reddit.com
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GitHub
github.com › adlr › wash-sale-calculator
GitHub - adlr/wash-sale-calculator: Calculator for wash sales for US taxes
Note that all symbols are considered substantially identical to each other, so if you trade in multiple stocks that aren't substantially identical, feed them into the calculator separately. ... description provided on 1099b or statement. Unused by this program, but carried through for your records ... Acquisition price or basis. Value is typically share price on BuyDate * Cnt ... Optional. If sold, the date of sale ... Optional. If sold, proceeds. Value is typically share price on SellDate * Cnt - fees ... Optional. Must be empty for the input. May be set to W if there's a wash sale.
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Forked by 14 users
Languages   Python
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Costbasistools
costbasistools.com › wash › wash.php
Wash Sale Calculator
The calculators listed here are described at www.costbasis.com · Amortization Table Generator
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Wolters Kluwer
wolterskluwer.com › home › solutions › corporate actions suite › basispro
BasisPro - cost basis and wash sale calculator | Wolters Kluwer
BasisPro is a cost basis and wash sale calculator that offers a simple way to determine accurate cost basis-saving time and minimizing risk.
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Chartingyourwealth
chartingyourwealth.com › washsale_calculator.html
Wash Sale Calculator
Similarly, if you bought a stock on January 1 and sold it at a loss on February 1, you should not repurchase it before March 3 to avoid the wash sale rule. Last Transaction Date: Select the date of your most recent stock transaction. Last Transaction Type: Choose the type of your most recent transaction: Sold Stock at a Loss: You sold a stock and incurred a loss. Sold Stock for a Profit: You sold a stock and made a profit. Bought Stock (With no selling in past 30 days): You bought a stock and have not sold any stock in the past 30 days. Bought Stock (With a sale in past 30 days): You bought a stock and have a sale in the past 30 days.
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MrExcel
mrexcel.com › forums › question forums › excel questions
Calculate Wash Sale (Stock Transactions) | MrExcel Message Board
January 1, 2022 - IF(SUMIFS(D2:D10, C2:C10, F2,B2:B10,"Bought")>SUMIFS(D2:D10, C2:C10, F2,B2:B10,"Sold"),"Wash Sale", "No Wash Sale") which disregards the date column, but it's a start sort of.
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Reddit
reddit.com › r/trading › where can i find a wash sale calculator?
r/Trading on Reddit: Where can I find a Wash Sale Calculator?
July 16, 2021 -

Is there no place that has the ability to input a csv file or something and calculate wash sales for you? don't see how could manually go through and calculate it all if not. Even an excel sheet that's available to the public that could calculate it?

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Washems
washems.com
Washems! - The Ultimate Wash Sale and Constructive Sale Calculator - free Demo
One of these provides those transactions triggering a Tax Unrealized situation; another one, the Warnings Report, shows the specific realized losses that could be lost if a substantially identical position is entered into within the 30 day wash sale period as of a given date. Optional reports cover Straddles, Constructive Sales and 1233 Reclassifications. A copy of the input file used in the calculations and a Summary worksheet are also included in the results workbook.
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Washems
washems.com › calculatingyourwashsales.html
Washems! - Calculating Your Wash Sales
The following section describes ... on the calculation screen. ... 1. Input File – name and directory (full path) where the input file can be found; 2. Output File – name and directory (full path) where the output file is to be created; 3. Report Detail Level – · (a) ‘All’ = shows every security processed from the input file regardless of whether it was used in or produced a wash sale; (b) ‘Scope’ ...
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Excel Forum
excelforum.com › excel-formulas-and-functions › 338010-wash-sale-formula.html
Wash Sale Formula
More info on your setup would be needed. Wash sales can?? be subjective. some wash sale rules and suggestions.http://tinyurl.com/6nhx3 You could use a FINDNEXT looping macro to look at all instance of that symbol to see if it met the criteria and report findings to you.
Find elsewhere
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Pocketsense
pocketsense.com › calculate-wash-sale-5313540.html
How to Calculate a Wash Sale | Pocketsense
August 30, 2022 - When stock is sold at a loss, the amount of the loss is the cost of the stock less the proceeds of the sale. If only a portion of the stock is sold, then the corresponding proportion of the initial cost is used.
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The Nest
budgeting.thenest.com › calculate-wash-sale-33009.html
How to Calculate a Wash Sale | Budgeting Money - The Nest
August 25, 2022 - A row lists the security, the buy and sale dates, the price you paid to buy, the amount you received to sell and the resulting gain or loss. Two additional columns allow you to enter an adjustment and a descriptive code. The deduction you normally would take from a capital loss becomes a “disallowed loss” in a wash sale, which is marked with a code of “W.” You add the disallowed loss as an adjustment to the wash sale, thereby giving a total loss of zero.
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Washsalecalculator
washsalecalculator.com
Wash Sale Date Calculator & Calendar
A fast, free, and easy-to-use online calculator for wash sale date calculation. Visualize disallowed and safe trading windows on a calendar based on your loss sale date.
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Excelcommand
excelcommand.com › excel-help › excel-how-to.php
Excel - Wash Sale Formula - I have stock... - Free Excel Help
Sale = A1 Cost = B1 Margin = C1 I know to calculate Margin its' C1=1-(B1/A1) and to calculate Sale its, A1=B1/(1-C1), and I can do that in separate columns. But...... I'm tasked with trying to find a way so that I can do it in three columns. As in if I change cost then margin recalculates or ...
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FasterCapital
fastercapital.com › topics › tools-for-tracking-wash-sales.html
Tools For Tracking Wash Sales - FasterCapital
These calculators are easy to use and can be accessed from anywhere with an internet connection. Some popular online calculators include the Wash Sale Calculator from TaxTips.ca and the Wash Sale Calculator from TradeLog. 4. Spreadsheets: For investors who prefer to track their wash sales manually, spreadsheets can be a useful tool.
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SuperfastCPA
superfastcpa.com › reg-cpa-exam-how-to-calculate-the-tax-basis-of-stock-acquired-through-a-wash-sale
REG CPA Exam: How to Calculate the Tax Basis of Stock Acquired Through a Wash Sale – SuperfastCPA CPA Review
Use Financial Software: Utilize ... trades, calculate wash sales, and generate reports that summarize the necessary information for tax reporting. Maintain Trade Confirmations: Keep all trade confirmations and brokerage statements that provide details of each transaction, including purchase and sale dates, prices, and quantities. Create a Wash Sale Log: Maintain a separate log or spreadsheet to track wash ...
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Reddit
reddit.com › r/options › basis & wash sale tracking
r/options on Reddit: Basis & Wash Sale Tracking
October 1, 2020 -

I've been searching online trying to find a software that tracks basis and wash sale - I'm amazed at how little there is out there. Everything I've found looks like it was created and abandoned in the dot com crash. TraderLog isn't compatable with apple products. I signed up for GainsKeeper free trial, and they have no way to import Robinhood data, but I am able to import from Wachovia, who hasn't been in business for almost 20 years.

Does anyone use a software to audit and track wash sale losses? If so, what do you use?

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Calculator Academy
calculator.academy › home › wash sale rule calculator
Wash Sale Rule Calculator - Calculator Academy
October 4, 2023 - Next, determine the number of original shares sold, denoted as OS. Next, calculate the loss deferred ($), denoted as LD, using the formula LD = L * (RS / OS). Finally, calculate the Wash Sale Rule.
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Reddit
reddit.com › r/fidelityinvestments › wash sale calculation explanation
r/fidelityinvestments on Reddit: Wash Sale Calculation Explanation
May 7, 2024 -

I'm going through other threads to learn how wash sales work but can't seem to find how the calculations work. My impression is when you exit a trade completely, you're able to fully recognize the loss.

Here, I somewhat understand that the first loss of -38.48 is disallowed in loss of -56.49 but why is the full value of 68.01 disallowed in the subsequent trade?

Similar situation where I've completely exited a trade and the loss should be recognized but I had gains instead.

Columns in order: (1 Quantity, (2) Date Acquired, (3) Date Sold, (4) Proceeds, (5) Cost Basis,) *(6 Accrued Market Discount)*, (7 Wash Sale Loss Disallowed, (8) Gain/Loss)

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Welcome to the sub, u/Woahhno . I see you are looking to do some math calculations for wash sales. I'll provide you with some information. Let's start with the wash sale definition. The IRS defines a wash sale as a sale or other disposition of stock or securities on which the seller realized a loss within a 61-day period (beginning 30 days before and ending 30 days after the date such sale or disposition took place) and replaces it with stock or securities that are "substantially identical." More specifically, the wash-sale rule states that the tax loss will be disallowed if you buy the same security, a contract or option to buy the security, or a substantially identical security. I recommend reviewing a few resources on our website to understand the wash sale topic better. I've copied links for a couple of articles for you below. Wash sale: Avoid this tax pitfall Wash-sale rule: What to avoid when selling your investments for a tax loss Now that we defined it, let's look at a practical example of a wash sale. Assume that you purchased 100 shares of XYZ Company for $30 per share and sold them for $27 per share on March 20. You then repurchased the shares on April 10 when the shares were trading at $33 per share. Since the transaction occurred within the 30-day wash sale period, the $300 loss is a wash sale and would be disallowed by the IRS. The adjusted basis for the replacement shares is $3,600, which is the addition of the $3,300 ($33 x 100) and the $300 loss that was disallowed. Therefore, taxes on any future sale will be figured as though you had retained the original shares. As a reminder, Fidelity does not provide tax advice; therefore, if you have questions on how wash sales will affect your taxable situation, we recommend working with a qualified tax advisor. We're glad you stopped by today. I see you have already started exploring the community discussions, so please continue to participate as you wish. Should you need us, please do like you did here today and drop us a post. We'll be happy to help you.
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It seems that the cost basis is the actual purchase price and not the adjusted cost which is purchase price plus disallowed loss. Check every entry.
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Costbasis
costbasis.com › stocks › washsalerules.html
Cost Basis - Wash Sale Rules
How to apply the Wash Sale Rules in determining the cost basis of your investment.
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Elite Trader
elitetrader.com › et › threads › wash-sales-for-taxes-question.195848
Wash Sales for Taxes Question | Elite Trader
Does anyone know if you can ignore the calculations for wash sales if they have no effect on taxes? In other words, if you stop trading your usual...