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  2. Wash-sale rule: What to avoid when selling your losing ... - AOL

    www.aol.com/finance/wash-sale-rule-avoid-selling...

    The wash-sale rule applies to stocks, bonds, mutual funds, ETFs, options and futures but not yet to cryptocurrency. While it is not illegal to make a wash sale, it is illegal to claim a tax write ...

  3. Tax loss harvesting - Wikipedia

    en.wikipedia.org/wiki/Tax_loss_harvesting

    As a result, if an investor trades in and out of Exchange-traded funds (ETFs)) or mutual funds with almost identical holdings, some have held that it does not trigger the wash sale rule. [12] [13] For example, State Street's SPDR S&P 500 ETF (NYSEARCA: SPY) [14] and iShare's Core S&P 500 ETF (NYSEARCA: IVV) [15] both track the S&P 500. If an ...

  4. Wash sale - Wikipedia

    en.wikipedia.org/wiki/Wash_sale

    After a sale is identified as a wash sale and if the replacement stock is bought within 30 days before or after the sale then the wash sale loss is added to the basis of the replacement stock. The basis adjustment preserves the benefit of the disallowed loss; the holder receives that benefit on a future sale of the replacement stock.

  5. What Investors Should Know About the Wash-Sale Rule - AOL

    www.aol.com/news/investors-know-wash-sale-rule...

    Continue reading ->The post What Investors Should Know About the Wash-Sale Rule appeared first on SmartAsset Blog. When an investment underperforms, tax-loss harvesting is a way to offset the tax ...

  6. How To Deduct Stock Losses From Your Tax Bill - AOL

    www.aol.com/deduct-stock-losses-tax-bill...

    Wash Sale Rule. The IRS defines something as a wash sale when you sell stock at a loss and then repurchase the stock within 30 days. Though it may be tempting to do this to cash in on some ...

  7. Capital loss - Wikipedia

    en.wikipedia.org/wiki/Capital_loss

    Special wash sale rules apply if the same or substantially similar asset is bought, acquired, or optioned within 30 days before or after the sale. [4] According to 26 U.S.C. §121, a capital loss on the sale of a primary residence is generally tax-exempt. [citation needed]. IRC 165(c) is a stronger source that limits the loss on the sale of a ...

  8. Taxable brokerage accounts: the most versatile ... - AOL

    www.aol.com/finance/taxable-brokerage-accounts...

    The IRS has a wash sale rule which states that if you repurchase Apple within 30 days of this sale, you cannot claim the loss. ... If you're unsure, a broad-based index ETF, like an S&P 500 or ...

  9. Wash trade - Wikipedia

    en.wikipedia.org/wiki/Wash_trade

    Wash trading is a form of market manipulation in which an entity simultaneously sells and buys the same financial instruments, creating a false impression of market activity without incurring market risk or changing the entity's market position. Wash trading has been deemed illegal in most jurisdictions.