OK!! I couldn't find this in FAQs.I need to fund my SEP prior to my time extension for 98 IRS on 8-15. I have shares in a regular trading account that have a capital loss. Is it still a wash if I sell shares and move the funds into the SEP, then repurchase (within 30 days) for holding in the SEP?I expect so but maybe I got lucky and found a loophole.As I don't think I need to report Capital Gains in the SEP how would IRS know if my transactions only show a capital loss in my regular account? This is only hypothetical as I would never cheat on my taxes.
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