End of year taxable income calculation, page-17

the above is not an example of a "wash transaction". a "wash transaction" is when you hold shares that are making a loss and you sell them all to create a capital loss and then you buy them back again

your example above is merely "trading" or "taking profits"

the 10,000 shares sold in the above example is merely a taxable event

ignore the posts of BabaRoga_space