rbynaker
Level 14
03-29-2021
09:57 AM
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Then I agree with Phoebe's excellent answer over on the other thread:
https://proconnect.intuit.com/community/lacerte-tax-discussions/discussion/wash-sales/00/150358
My slight hesitation was that if the warrants were exercised to purchase "new and improved" company stock (which might be substantially equivalent to the crappy old company stock) within 30 days, the wash sales may continue to roll.
Since everything was disposed of in the same year you don't have to wait and see if anyone can come up with a valuation for the warrants.