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    wash sale
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  3. Dec 4, 2023 · A wash sale is a transaction in which an investor sells or trades a security at a loss and purchases a similar one within 30 days. The IRS prevents investors from using this strategy to reduce their tax liability by disallowing the loss deduction.

  4. Jul 13, 2022 · A wash sale is a transaction in which an investor sells a losing security and buys back the same or similar security within 30 days. The IRS disallows the loss deduction and adds it to the cost basis of the repurchased security. Learn how to avoid the wash sale rule and its consequences.

  5. Apr 11, 2024 · A wash sale happens when you sell a security at a loss and buy a “substantially identicalsecurity within 30 days before or after the sale. The wash-sale rule prevents taxpayers from deducting paper losses without significantly changing their market position.

    • J.P. Morgan
  6. May 27, 2024 · The Wash-Sale Rule is a regulation implemented by the Internal Revenue Service (IRS) in the United States. It is designed to prevent investors from taking advantage of tax benefits by...

  7. Dec 1, 2023 · A wash sale is when investors who actually don't want to sell those losing stock positions repurchase the same or similar security within 30 days to...

    • Kimberlee Leonard
  8. Jun 30, 2023 · A wash sale is when you sell an investment and buy the same or a similar one within 61 days, preventing you from claiming a tax loss. Learn what the IRS considers a wash sale, how it affects your taxes and how to avoid it with different strategies.

  9. Jun 14, 2024 · The wash sale rule applies to most securities, including stocks and options, bonds, mutual funds, and exchange-traded funds (EFTs). But the wash sale rule doesn't...

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