What is a Wash Sale? A Term You MUST Know If You Are Investing
- What is a wash sale?
- How a wash sale works
- Why investors conduct wash sales
- How the IRS limits wash sales
- What is the wash sale rule?
- What does “substantially identical” mean?
- Exceptions to the wash sale rule
- How to report wash sales on your taxes
- Wash sales vs. tax-loss harvesting: what’s the difference?
- The bottom line
What is a wash sale?
How a wash sale works
Why investors conduct wash sales
How the IRS limits wash sales
What is the wash sale rule?
- Buy them
- Acquire them in a fully taxable trade
- Acquire a contract or option to buy them
- Acquire them for your traditional or Roth IRA
What does “substantially identical” mean?
Exceptions to the wash sale rule
How to report wash sales on your taxes
Wash sales vs. tax-loss harvesting: what’s the difference?
The bottom line
Reclaim Up to $610/Year in Car Insurance
Here’s the thing: your current car insurance company is probably overcharging you. But, who has the time to look around for around a new company?
A website called CarInsurance.net makes it super easy to see if you’re getting the lowest price. All you have to do is enter your ZIP code and your age, and it’ll show you your options.
Using CarInsurance.net, people have saved up to $610 a year.
It takes just a few minutes to see how much CarInsurance.net could put back in your pocket. And the best part? Because we’re driving less, some insurers are slashing prices this month.