If the wash sale loss disallowance rule is invoked, an investor must adjust the basis in the replacement security for the disallowed loss, which effectively defers the loss until the replacement security is sold.

Authors

• Person: Not available Organization: J.P. Morgan Private Bank
  Here's how to make your tax-loss harvesting strategy do more for you

Sources

• Here's how to make your tax-loss harvesting strategy do more for you privatebank.jpmorgan.com J.P. Morgan Private Bank via serper

Referenced by nodes (1)

• wash-sale rule concept