Wash Sale Trade Combinations
The following table shows the many possible trade combinations that can trigger a wash sale and that are fully supported by TradeLog:
| Description | Wash Sale | |
| Long | Buy and Sell Stock at a loss | |
| Buy Stock | Yes | |
| Sell Stock | ||
| Buy Call | Yes | |
| Sell Call | ||
| Buy Put | ||
| Sell Put | ||
| Short | Sell and Buy Back Stock at a loss | |
| Buy Stock | Yes | |
| Sell Stock | Yes | |
| Buy Call | Yes | |
| Sell Call | Yes | |
| Buy Put | Yes | |
| Sell Put | Yes | |
| Long | Buy and Sell Call at a loss | |
| Buy Stock | Yes | |
| Sell Stock | ||
| Buy Call | Yes | |
| Sell Call | ||
| Buy Put | ||
| Sell Put | ||
| Short | Buy and Sell Put at a loss | |
| Buy Stock | Yes | |
| Sell Stock | ||
| Buy Call | Yes | |
| Sell Call | ||
| Buy Put | Yes | |
| Sell Put | ||
| Short | Sell and Buy Back Call at a loss | |
| Buy Stock | Yes | |
| Sell Stock | Yes | |
| Buy Call | Yes | |
| Sell Call | Yes | |
| Buy Put | Yes | |
| Sell Put | Yes | |
| Long | Sell and Buy Back Put at a loss | |
| Buy Stock | Yes | |
| Sell Stock | Yes | |
| Buy Call | Yes | |
| Sell Call | Yes | |
| Buy Put | Yes | |
| Sell Put | Yes |
Benefits of Using TradeLog Wash Sale Software
TradeLog properly calculates wash sales between short and long trades, between unequal numbers of shares bought and sold, and between stocks and options. TradeLog meets the letter of the IRS law unlike many of our competitors.
Please note: This information is provided only as a general guide and is not to be taken as official IRS instructions. Armen Computing Ltd. does not make investment recommendations nor provide financial, tax or legal advice. You are solely responsible for your investment and tax reporting decisions. Please consult your tax advisor or accountant to discuss your specific situation.
