IRS rule prohibiting a taxpayer from claiming a loss on the sale of an investment if that same investment was purchased within 30 days before or after the sale date. also called 30-day wash rule.
Related information about wash sale rule:
- The Wash Sale Rule - Tax Guide for Investors
Top page in our explanation of the wash sale rule. The wash sale rule prevents you from claiming a loss on a sale of stock if you buy replacement stock within 30 ...
- Understanding the Wash Sale Rules - SmartMoney.com
Feb 8, 2012 ... Think twice before buying more shares of a stock you just sold at a loss. If 30 days haven't passed, your tax loss will be disallowed. Here's the ...
- Wash sale - Wikipedia, the free encyclopedia
In USA, the wash sale rule has the following consequences: Basis Adjustment: You are not allowed to claim the loss on your sale. Your disallowed loss is added ...
- Wash-Sale Rule Definition | Investopedia
An Internal Revenue Service (IRS) rule prohibiting a taxpayer from claiming a loss on the sale of an investment when the same investment was purchased within ...
- Wash Sale Rule - Tax Law Rule that Defers Capital Losses
A wash sale is selling an investment at a loss and repurchasing the same (or very similar) investment within a short period of time (30 days before to 30 days ...
- The Wash Sale Rule - Investing for Beginners - About.com
The wash sale rule prohibits investors from claiming a capital loss for tax purposes on an investment if they repurchase the same investment within thirty days of ...
- IRS Wash Sale Rule, Calculate Wash Sales – Tradelog Software
Accurately calculate wash sales on stock and options trades using Tradelog. View the online demo and download a free trial to see how easy reporting can be .
- What is the IRS Wash Sale Rule?
If you take a loss, then buy back substantially the same equity, you cannot take the loss at that time. TradeLog properly adjusts for wash sales per IRS rules.