US tax rule disallowing loss deduction if same security is repurchased within 30 days.
Designed to prevent tax-loss harvesting through fake sales. Disallowed loss is added to cost basis of replacement shares. Crypto is currently exempt (loophole that has survived multiple legislative attempts to close).
US tax rule disallowing loss deduction if same security is repurchased within 30 days. Designed to prevent tax-loss harvesting through fake sales. Disallowed loss is added to cost basis of replacement shares. Crypto is currently exempt (loophole that has survived multiple legislative attempts to close).
In regulation, Wash Sale is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.
Designed to prevent tax-loss harvesting through fake sales. Disallowed loss is added to cost basis of replacement shares.
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