Understanding the wash sale rule: What to avoid when selling investments at a loss

Have a loss on an investment? Beware the wash sale rule, which could prevent you from deducting the loss on your taxes.

Ready to start your business? Plans start at $0 + filing fees.

This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

Contents

updated November 28, 2023 · 3min read


Stephen Sylvester

by Stephen Sylvester

Stephen Sylvester, CPA helps CPA and finance firms turn expertise into new clients. By transforming esoteric technica...

Read more...

Twitter logoFacebook logoLinkedIn logoReddit logo

You may also like

Starting a Business

What does 'inc.' mean in a company name?

'Inc.' in a company name means the business is incorporated, but what does that entail, exactly? Here's everything you need to know about incorporating your business.

November 21, 2023 · 10min read

Estate Planning

What is a power of attorney (POA)? A comprehensive guide

Setting up a power of attorney to make your decisions when you can't is a smart thing to do because you never know when you'll need help from someone you trust.

November 28, 2023 · 14min read

Starting Your LLC

How to start an LLC in 7 steps: A complete guide for 2023

It's easy to create a new LLC by filing paperwork with the state. But to set yourself up for success, you'll also need to think about your business name, finances, an operating agreement, and licenses and permits. Here's a step-by-step guide.

November 21, 2023 · 21min read