wash sale (Meaning)
Webster
wash sale ()
A sale made in washing. See Washing, n., 3, above.
Synonyms & Antonyms of wash sale
No Synonyms and anytonyms found
FAQs About the word wash sale
A sale made in washing. See Washing, n., 3, above.
No synonyms found.
No antonyms found.
Investors should be aware of the tax implications of a wash sale.
A wash sale occurs when a taxpayer sells a stock and buys the same or substantially identical stock within 30 days.
The loss from a wash sale is disallowed for tax purposes.
The holding period for the replacement shares in a wash sale begins on the date of purchase, not the date of the original sale.
