I'm wondering if a wash sale would ever be beneficial to someone. My theoretical scenario is that someone is not making much this year, and so they day trade and go in and out of stock, making both gains and losses on the sales of that single stock. This will mean that for the losses, they will be considered wash sales. That person day trades this single stock, accruing more wash sales periodically until the next year when they finally sell all their shares for good. If that person is making more in salary that second year, does writing off these wash sales a year later actually benefit them more than had they avoided wash sales and written the losses off the first year?
Basically, if I have a bunch of wash sale losses that I miss out claiming during a low income year, do I actually benefit by carry those loses over into the next tax year if I expect to make higher income?