Wash Sale Rule
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 Glossary   >   W   >   "Wash Sale Rule" Definition   

        Wash Sale Rule

An 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.

Wash Sale Rule


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Wash Sale Rule \ An 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.


Wash Sale Rule / an 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.