Sharing a quick reminder about wash sales since I've seen some folks here get in trouble! Wash sale losses cannot be deducted from your net gains, so it's important to avoid these violations.

Here's how to avoid them:

Don't rebuy a stock or option within 30 days of selling it at a loss.

So that means 30 days before or after selling a position at a loss, you can't have any buys.

If you're still confused or want additional clarification, happy to answer in more detail!