English, asked by SukainaHeidari, 4 months ago

what is wash sales ​

Answers

Answered by ag5578112
361

Answer:

A wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or after. Losses from such sales are not deductible in most cases under the Internal Revenue Code in the United States

Explanation:

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Answered by brainlychallenger19
95

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wash sales ⤵️

A wash sale occurs when an investor sells a security at a loss for tax benefits.

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