InvestorWords.com

wash sale rule 

IRS rule prohibiting a taxpayer from claiming a loss on the sale of an investment if that same investment was purchased within 30 days before or after the sale date. also called 30-day wash rule.

This content can be found on the following page:

Copyright©1997-2008 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@investorguide.com

Copy and paste this HTML in your website to link to this page    <a href="http://www.investorwords.com/5290/wash_sale_rule.html">wash sale rule</a>