In order to ensure that you aren't basically purchasing stock to replace an identical stock or other investment that you sold, the IRS has instituted what is known as the wash sale rule. Get a better understanding of what the IRS Wash Sale Rule is, the purpose of this rule, and how you might avoid it.
Don't Fall Afoul of the IRS Wash Sale Rule
Posted by MMarquit under TaxesFrom http://www.taxdebthelp.com 4559 days ago
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