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The wash sale rule is important when you are selling and rebuying stocks to offset losses.

Harvesting market losses is a great way to lower your tax bill. But don’t violate this key rule Written By Written by Contributor, Buy Side Anna-Louise Jackson is a contributor to Buy Side and an ...

When you are buying and selling stocks throughout the year, one issue you need to consider is a wash-sale. The wash-sale rule refers to selling an investment you held at a loss and then buying it back ...

You can’t deduct a loss from the sale of stock or other securities if you acquire substantially identical stock or securities within 30 days before or 30 days after the sale. Whether stock or ...

In December 2022, I was quoted in an article in “Tax Notes” by Lee Sheppard to the effect that the wash sales rule in Internal Revenue Code (Code) Section 1091(a) (losses from wash sales of stock or ...

What is the wash-sale rule? Investors cannot claim a tax loss on the sale of a security if they buy a “substantially identical” security within 30 days before or after the sale, as per the wash-sale ...

Crypto taxes are back in the news. On Tuesday, President Joe Biden tweeted out an infographic that suggested that Congress should cut "Tax Loopholes That Help Wealthy Crypto Investors ($18 billion)." ...

The IRS wash-sale rule does not currently apply to cryptocurrency because the IRS considers virtual currencies to be property rather than securities. In general, a taxpayer who exchanges ...