Friday, December 21. 2007

IRS shuts down wash sale evasion technique!

The IRS has just released Revenue Ruling 2008-5, cracking down on a perceived loophole in the so-called "wash sale" rules where an individual sells a security at a loss and purchases a substantially similar security in his/her IRA. Continue reading "IRS shuts down wash sale ... »

Posted by

Michael Kitces

in Taxes at 12:41 | Comments (0) | Trackbacks (0)

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