Question

what is wash sales

please give me answer​

Answer 1

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. Lossed from such sales are not deductible in most cases under the Internal Revenue in the United States.

Hope this helps....

Answer 2

A wash sale is a sale of a security (stocks, bonds, options) at a loss and repurchase of the same or substantially identical security (judging by CUSIP or Committee on Uniform Securities Identification Procedures numbers)