Rule: {{ e.rule_citation }}

Match: {{ e.match_reason }}

Window: {{ e.days_between }} days

Loss sale

{{ e.loss_trade.ticker }} · {{ e.loss_trade.action }} {{ e.loss_trade.quantity }}

proceeds ${{ '{:,.2f}'.format(e.loss_trade.proceeds) }}

basis ${{ '{:,.2f}'.format(e.loss_trade.cost_basis) }}

Triggering buy

{{ e.triggering_buy.ticker }} · {{ e.triggering_buy.action }} {{ e.triggering_buy.quantity }}

cost ${{ '{:,.2f}'.format(e.triggering_buy.cost_basis) }}

{% if e.is_exempt %} Would have disallowed: {{ e.disallowed_math }} → $0 (exempt) {% else %} Disallowed: {{ e.disallowed_math }} {% endif %}

Confidence: {{ e.confidence_reason }}

{% if e.confidence_promote %}

↑ {{ e.confidence_promote }}

{% endif %} {% if e.confidence_demote %}

↓ {{ e.confidence_demote }}

{% endif %}

{% if e.is_permanent_ira %}

Permanently disallowed — replacement leg is in a tax-advantaged account, so §1091(d)'s basis rollover cannot apply. The loss is gone for good (Rev. Rul. 2008-5).

Rev. Rul. 2008-5 names traditional and Roth IRAs only. net-alpha extends the rule to 401(k) and HSA by analogy — same lack of a basis ledger inside the wrapper. Confirm treatment with your CPA if you're depending on the analogy holding for a specific account type.

{% elif e.adjusted_basis_target %}

Rolled into: Lot {{ e.adjusted_basis_target.lot_id }} ({{ e.adjusted_basis_target.acquired_date }}) — adjusted basis ${{ '{:,.2f}'.format(e.adjusted_basis_target.adjusted_basis) }}

{% endif %} {% if e.cross_account %}

Cross-account: {{ e.cross_account.loss_account }} → {{ e.cross_account.buy_account }}

{% endif %} {% if e.is_exempt %}

Reference: section_1256_underlyings.yaml

{% endif %}