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Level 3
posted Oct 3, 2022 7:51:30 PM

new IRA wash sale rule

Has there been any changes to the wash sale rule with this new inflation reduction act?

I know that the build back better bill intended to wash sales result in permanent denied losses! and that forex trading will be added to wash sale.

Does anyone have a comment? is there such a danger in the passed bill?

0 3 509
3 Replies
Level 15
Oct 4, 2022 6:02:26 AM
Level 15
Oct 4, 2022 6:53:46 AM

"I know that the build back better bill intended to wash sales result in permanent denied losses!"

 

I don't know where you got that idea. This never came up in any discussion of the plan that I saw.

 

@Ray1 

Level 3
Oct 24, 2022 9:58:38 AM

@fanfare  here tinyurl.com/ypdb9hct