What is ‘Wash’
A series of transactions that results in a zero net sum gain. This can be the result of a loss on one investment and a gain on another or it can be the result of buying and selling the stock of a single company. Investors should be aware of the fact that there are tax consequences to certain wash situations.
A wash is sometimes referred to as a “break-even” proposition.
Explaining ‘Wash’
In addition to tax consequences – investors are prohibited from claiming losses on an investment if they repurchase it (or something very similar) within 30 days of selling it – some wash sales are illegal. For example, if an investor buys a stock in with one brokerage firm, he or she cannot legally sell it through another for the purpose of stimulating investor interest. This is known as a “pump and dump.”
Further Reading
Let the “a” in WASH stand for air: integrating research and interventions to improve household air pollution (HAP) and water, sanitation and hygiene (WaSH) in low … –
ehp.niehs.nih.gov [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Rationalizing ‘gender-wash’: empowerment, efficiency and knowledge construction –
www.tandfonline.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Moving from efficacy to effectiveness: using behavioural economics to improve the impact of WASH interventions –
www.jstor.org [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Trends in park tourism: Economics, finance and management –
www.tandfonline.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Evolutionary conservation of the WASH complex: An actin polymerization machine involved in endosomal fission –
www.tandfonline.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Menstrual hygiene in South Asia: a neglected issue for WASH (water, sanitation and hygiene) programmes –
www.tandfonline.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Tax-loss trading and wash sales –
www.sciencedirect.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Does economics and business education wash away moral judgment competence? –
link.springer.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …Formulation and comparative evaluation of poly herbal anti-acne face wash gels –
www.tandfonline.com [PDF] … to be done in order to secure the promise of a fully integrated initiative that addresses HAP and WaSH … expanding their expertise and collaborations and working across the disciplines of political science and public policy, economics and business/finance, engineering and …-
Are there tax consequences to certain wash situations?
Yes, investors should be aware of the fact that there are tax consequences to certain wash situations.
What can result in a loss on one investment and a gain on another?
The result of buying and selling the stock of a single company.
What is a wash sale?
A wash sale is a series of transactions that results in a zero net sum gain.
How many days must pass before an investor can claim losses on an investment if they repurchase it (or something very similar) within three days of selling it?
Three days.
