Wash Sale Rule for Stocks: Tax Deductions

Selling a stock at a loss can be a useful tax strategy. The loss may offset capital gains and, in some cases, reduce taxable income, but that benefit may end up delayed if you buy the same or a substantially identical investment within 30 days before or after the sale. The wash sale rule aims […] The post Wash Sale Rule for Stocks: Tax Deductions appeared first on SmartReads by SmartAsset .