Some investors seeking to achieve the maximum level of tax efficiency have found the IRS wash sale rule problematic. It postpones the tax advantages of a capital loss to a future time, whereas ...
Be aware of the wash sale rule enforced by the IRS. The rule is important for investors reassessing their market positions and looking to sell and repurchase declining stocks to offset losses.
Because of the IRS’ so-called “wash-sale rule,” you can’t repurchase those shares (or a “substantially identical” security) for 30 days after your sale, if you intend to use the loss ...