Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Eric's career includes extensive work in both public and corporate accounting ...
Be aware of the wash sale rule enforced by the IRS. The rule is important for investors reassessing their market positions and looking to sell and repurchase declining stocks to offset losses.
When you are buying and selling stocks throughout the year, one issue you need to consider is a wash-sale. The wash-sale rule refers to selling an investment you held at a loss and then buying it back ...