What is a wash sale? Why does the IRS prohibit such transactions for tax calculation purposes?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:48 AM

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What is a wash sale? Why does the IRS prohibit such transactions for tax calculation purposes?

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A wash sale is the sale of a security and the subsequ...View the full answer

Fundamentals of Investments

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