Which Condition Is Not True of a Wash Sale

Multiple Choice

Which condition is not true of a wash sale?

A) A wash sale occurs when a taxpayer sells securities at a loss and reinvests in substantially identical securities within 30 days before or after the date of sale.
B) A taxpayer who transacts a wash sale has not had a change in economic position.
C) The numbers of shares purchased and sold are not always the same.
D) When the number of shares repurchased is less than the number sold, none of the loss is deductible.