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 ...
When you are buying and selling stocks throughout the year, one issue you need to consider is a wash-sale. The wash-sale rule ...
The wash sale rule is an IRS-enforced rule stating that, in order to realize a taxable loss, U.S. investors cannot sell an investment for a loss and repurchase the same investment for 30 days.
Heavy traders may assume they’ll owe no capital gains tax if their losses and gains even out. But then they stumble across the wash sale rule. At the height of the pandemic born meme stock boom in ...