ilmscore | Prediction Details
"the most well-known rule is What's called the wash sale this is what happens when you sell a stock for a loss use that loss to offset a tax and then you go and immediately buy back in that exact same stock that you sold within a 30-day window the IRS does not allow that"
By Graham Stephan | December 16, 2022 | Pending
From video
Why I'm Selling My Stocks 00:12:18 - 00:12:31
Interpreted Prediction
The wash sale rule prohibits repurchasing the same stock within 30 days of selling it for a loss to claim the tax benefit.

Prediction Details

Topic
Wash Sale Rule

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