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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 both you and a spouse as if you were a unit. For example, you may not claim a loss while your spouse re-buys the asset within the 30-day window. This rule also ...

  3. 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.

  4. 7 top tax tips for investors - AOL

    www.aol.com/finance/7-top-tax-tips-investors...

    Each spouse older than age 55 adds an extra $1,000 to the contribution limit, meaning a family with two spouses over age 55 could contribute up to $10,300 in 2024.

  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. 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 ...

  7. Tax loss harvesting - Wikipedia

    en.wikipedia.org/wiki/Tax_loss_harvesting

    Most simply, if "tax-loss harvesting is not done properly, it will create a wash-sale that will eliminate the tax benefits of the buying and selling". [9] The investor can employ a number of techniques to avoid triggering the wash sale rule. The investor can wait 30 days to repurchase the security. [10]

  8. How you could benefit from tax-loss selling this year - AOL

    www.aol.com/could-benefit-tax-loss-selling...

    But swapping an index fund for an ETF that tracks that same index would run afoul of the wash-sale rule, in that they’re substantially identical securities. In that instance, the IRS would ...

  9. Capital gains tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax_in_the...

    Structured sales, such as the self-directed installment sale, are sales that use a third party, in the style of an annuity. They permit sellers to defer recognition of gains on the sale of a business or real estate to the tax year in which the proceeds are received. [61] Fees and complications should be weighed against the tax savings. [62]