Tax Drill - Wash Sale Juan owned 200 shares of Circle Corporation stock (adjusted basis of $30,000). He sold 100 shares for $12,000. Twenty days later he purchased 100 shares of the same stock for $8,500. What Is Juan's realized and recognized loss? What is his basis in the newly acquired shares? Juan has a realized loss of 15,000 X that is not recognized. His basis in the newly acquired stock is 3,000 X