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Wednesday
Feb 08th
Home arrow Tax Tips arrow Investment Taxes arrow Is this a wash sale?
Is this a wash sale? E-mail
Let's say I own some shares of XYZ stock that was purchased less than
a year ago, and it is currently at a loss.
Let's say I also own some shares of XYZ stock that was purchased more
than a year ago, and it is currently at a profit.
Now let's say I sell all of my XYZ and come out with an overall gain.
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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