A wash sale is a transaction in which an investor sells a losing security to claim a capital loss, and within 30 days before ...
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.
Bob Carlson researches all facets of retirement finances. Few taxpayers were interested in or needed to know the “wash sale” rules, until recently. When stock prices rose steadily, the wash ...