Weekend wash sale puzzle: buy to close a short, then buy some more?

Weekend wash sale puzzle: buy to close a short, then buy some more?

Seattle-area advisers... I'm considering a small event called Basis Pints (get it?) on Nov 18, 3-6 PM PT focused on year-end tax planning in Washington State. Food and bev included.

Interested in joining? Please fill out this form.


Who needs crosswords when you have... the Weekend Wash Sale Puzzle™️? [not a real trademark]

I have a handful of wash sale scenarios that are interesting little mind-benders. They range from "easy" to "hard" to... "unsettled."

If you enjoy feeling unsettled, try today's puzzle about harvesting a short position.

Next weekend, I'll explain the answer.

As a bonus, if you're wondering how tax-loss harvesting a short position works (but were too afraid to ask!), this puzzle will get you up to speed.

Here's the puzzle...

4x per week · Full archive · Cancel anytime

Quoted in WSJ, Bloomberg, and Barron’s. Published in The Journal of Wealth Management.