Submitted by SignificantPen1325 t3_yi99d0 in personalfinance
SignificantPen1325 OP t1_iuhklcc wrote
Reply to comment by Ihaveamodel3 in Tax Return Question About Investment Losses by SignificantPen1325
Thank you!
fnbr t1_iuhn5pu wrote
If you do this, make sure you don’t buy the same security within 30 days or it’s a “wash-loss” and you can’t dedicate the loss from your income.
justhere321 t1_iuho3yz wrote
There’s also several websites that will help you find comparable funds to avoid wash sales. This looks like a good year for tax loss harvesting.
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