Given their frequent trading of securities, day traders may want to pay particular attention to wash-sale rules, since they’re apt to run into the issue. It’s worth noting that it’s not ...
For an investor, it is important to not only know about investment and trading strategies in the securities market but also be aware of the tax implications which may arise. Wash Sale Rule is one ...
If you choose to repurchase the same or similar security within the 30 day ... the wash sale rule is to prevent the creation of “artificial” losses and the manipulation of tax laws by trading ...
Because of the IRS' so-called "wash-sale rule," you can't repurchase those shares ... you won't miss out on much during the 30-day wash-sale period - and you can still use the tax loss.