Wash Sale Rule

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Last Update 2 tahun yang lalu

Understanding Wash Sale

Wash sale doesn't allow investors to book capital loss for tax purposes if the same or similar security is bought in any account (including spouse if filing jointly) within 30 days.


Important: This rule is different for investors filing taxes with mark-to-market accounting.


For more details and examples, please refer to the following:


https://www.investopedia.com/terms/w/washsalerule.asp


For TD Ameritrade broker, you can find Profit/Loss report with and without wash sale under cost basis (last tab) on the website.


Note: Kindly refer to your tax advisor since we are not tax consultants.

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