Risk & Regulation
Wash-Sale Rule
An IRS rule that disallows a tax loss if you buy the same or substantially identical security within 30 days before or after the sale. The disallowed loss is added to the cost basis of the replacement security.
Risk & Regulation
An IRS rule that disallows a tax loss if you buy the same or substantially identical security within 30 days before or after the sale. The disallowed loss is added to the cost basis of the replacement security.