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Business & farm
What you are missing is the rule is not just within 30 days after the sale.
A wash sale occurs when a taxpayer sells or trades stock or securities at a loss and within 30 days before or after the sale:
•Buys substantially identical stock or securities,
•Acquires substantially identical stock or securities in a fully taxable trade,
•Acquires a contract or option to buy substantially identical stock or securities
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
January 12, 2022
1:13 PM