Personal Finance
Monday, 7/20, 10:18 PM
The wash-sale rule: why your tax loss can vanish, for a while
- Sell a stock at a loss and rebuy it within 30 days and the IRS will not let you deduct the loss that year.
- The loss is not destroyed, it is deferred into the cost of the new shares.
- Understanding that one mechanic clears up most of the confusion around the rule.















