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re: Diving deeper on Standard Lithium?

Posted on 11/19/21 at 11:28 am to
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3154 posts
Posted on 11/19/21 at 11:28 am to
quote:

I was selling in one account to take advantage of ST losses, and buying in another to avoid wash sale implications.


I'm no tax expert, but I believe the IRS frowns upon this kind of thing. Anyone know for sure?
Posted by GeneralLee
Member since Aug 2004
13303 posts
Posted on 11/19/21 at 11:29 am to
Yeah pretty sure that tax loss harvest will be disallowed from the IRS in that case, if they discover it.
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