Selling and Rebuying Stocks? Beware the Wash Sale Rule

Everything from high inflation to steep stock market declines duirng the past year, has spurred some investors to reevaluate their market positions. Maybe you’re in that boat—focusing on offsetting losses by selling and rebuying declining stocks. If so, you’ll want to tread carefully. You might not want to have your losses disallowed by the IRS because of the wash sale rule.

Original article: https://www.kiplinger.com/taxes/604947/stocks-and-wash-sale-rule