To avoid violating the IRS wash sale rule while maintaining portfolio exposure, investors can purchase a similar, but not identical, investment after selling a security at a loss.

Authors

• Person: Not available Organization: Mercer Advisors
  Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors

Sources

• Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors www.merceradvisors.com Mercer Advisors via serper

Referenced by nodes (1)

• wash-sale rule concept