I'm pretty ruthless about selling out any shares showing a loss prior to year end (assuming they are held in a taxable account of course).
This not only is this a wise tax strategy, it provides an incentive for investors to put their egos behind them.
Getting back to wash sale rules. It seems unfair the IRS extends the wash rules between taxable and Traditional IRA accounts in which distributions are not being made within the given, or following tax year. Does the IRS receive annual 1099-R forms listing trading activity for IRA accounts?
Market Data 
Markets 
AI
