The wash-sale rule states that if an investor sells a security at a loss and buys the same or a 'substantially identical' security within 30 days before or after the sale, the loss is typically disallowed for current income tax purposes.

Authors

• Person: Not available Organization: Charles Schwab
  How to Cut Your Tax Bill with Tax-Loss Harvesting | Charles Schwab

Sources

• How to Cut Your Tax Bill with Tax-Loss Harvesting | Charles Schwab www.schwab.com Charles Schwab via serper

Referenced by nodes (1)

• wash-sale rule concept