Don’t Be Tripped Up By The Wash Sale Rules
Posted on Saturday, November 10, 2012 Share
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.
Posted in Tax And Accounting Topics For Business
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