Hacker News new | ask | show | jobs
by merek 1221 days ago
The IRS will also reject the reported loss if it qualifies as a wash sale.

> You cannot deduct losses from sales or trades of stock or securities in a wash sale unless the loss was incurred in the ordinary course of your business as a dealer in stock or securities.

https://www.irs.gov/pub/irs-pdf/p550.pdf