The wash-sale rule is a nasty little piece of tax code

The saving grace of making a poor stock or mutual fund investment in a taxable brokerage firm account is that you at least get a capital loss when you sell. The loss can then offset gains from your more successful investments, unless the dreaded wash-sale rules disallow your write-off. Here’s the scoop on this nasty little piece of the tax code.

Read Full Article Here…

Written By: Bill Bischoff

Published By: www.marketwatch.com

March 28, 2019 In: Uncategorized Comments (None)