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I sold stock and then re-bought it 4 days later. Do I still have to pay capital gains?????????
I sold stock and then re-bought it 4 days later. Do I still have to pay capital gains?????????
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June 3, 2019
10:11 AM
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Investors & landlords
Yes the sale is reportable on the return.
If you sold it with a loss and then re-bought it back within 30 days, the wash sale rules would come into play.
However if sold with a gain, the wash sale rules do not apply.
June 3, 2019
10:11 AM