Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
1. My limited understanding is that the wash sale rule applies across all accounts, including IRAs. If you sell a stock at a loss in a non-retirement account and buy within +/- 30 days in an IRA, the wash sale rule applies. If you sell at a loss in an IRA and buy within +/- 30 days in a non-retirement account, I guess technically the wash sale rule applies but as there is no 'tax' loss it is of no consequence.

2. The wash sale rule only applies to losses.

bclstu.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.