The Internal Revenue Code, Section 1091, prevents an investor from claiming a tax loss if they purchase a security considered 'substantially identical' within a 30-day period before or after the loss trade date.

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