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eik

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eik

Re: goforthebet post# 6988

Wednesday, 11/15/2017 6:18:35 AM

Wednesday, November 15, 2017 6:18:35 AM

Post# of 19164
If you sell stock for a loss, to claim this as a loss for tax purposes you need to wait more than 30 days before buying shares back. Otherwise it will be a wash-sale. So, you can sell shares by the end of December. That's why brokerages send you 1099 statements in February when it's clear which last year transactions were actually wash-sales.
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