What WASH SALE means: The purchase of substantially similar stock or other securities within 30 days before or after the sale of the similar stock or security at a loss. A taxpayer cannot claim a wash sale loss; instead, the loss is added to the basis of the most recently purchased substantially similar securities.
- Definition Widow:
- Dictionary A woman who has not remarried following the death of her husband wash sale definition.
- Definition Working Interest:
- Dictionary An operating interest in oil and gas in place that is burdened with the responsibility and cost of developing and operating the property wash sale explain.
- Definition Weather-Related Sale:
- Dictionary livestock in a particular year than is the farmer's usual practice because of drought, flood, or other weather-related conditions. If certain conditions are met, the farmer may elect to report wash sale what is.
- Definition Welfare To Work Credit:
- Dictionary A tax credit for employers who hire workers off welfare rolls wash sale meaning.
How works Wash Sale meaning in Tax definitions W .