Wash-Sale Rule

外汇网2021-06-19 13:59:28 46

An Internal Revenue Service (IRS) rule prohibiting a taxpayer from claiming a loss on the sale of an investment when the same investment was purchased within 30 days before or after the sale date. Also know as the "30-day wash-sale rule".

This rule was imposed to crack down on taxpayers trying to get a tax reduction from a wash sale.