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2022-12-07 Economy

Capital Gains - The Wash Sale Rule Keeps Your Tax Loss Claims Clean

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Posted by Besoeker 2022-12-07 06:46|| || Front Page|| [5 views ] Top

#1 you can sell it at a loss and reduce your taxable income

"Mind the Cap"

Posted by Skidmark 2022-12-07 09:55|| 2022-12-07 09:55|| Front Page Top

#2 /\ Yes, I believe it is $3000. per year. Beyond that, you're in 'carry over' territory again.

Posted by Besoeker 2022-12-07 10:46|| 2022-12-07 10:46|| Front Page Top

#3 Tax Loss Harvesting - you do have to be careful you don't buy the same stock.

Posted by CrazyFool 2022-12-07 11:15|| 2022-12-07 11:15|| Front Page Top

#4 /\ Yes, per your link, "30 day rule" applies. Best to wait a bit longer to be on the safe side.

Posted by Besoeker 2022-12-07 11:36|| 2022-12-07 11:36|| Front Page Top

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