Posts Tagged "capital loss"

Don’t be tripped up by the wash sale rules

Posted on Nov 13, 2012

If you sell a security before the end of 2012 to take advantage of a capital loss, be aware of the wash sale rules. To make sure the loss is deductible, refrain from buying the same security or a substantially identical security during the 61-day period that begins 30 days before you sell and ends 30 days after....

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Watch out for “wash sales” on stocks

Posted on Dec 20, 2011

Thinking of selling a security before December 31 to take advantage of a capital loss? To make sure the loss is deductible, refrain from buying a substantially identical security during the 61-day period that begins 30 days before you sell and ends 30 days after. Such a purchase would violate the “wash sale rule” and make your loss...

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