{"id":3196,"date":"2024-07-05T17:03:12","date_gmt":"2024-07-05T17:03:12","guid":{"rendered":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/"},"modified":"2024-07-05T17:03:12","modified_gmt":"2024-07-05T17:03:12","slug":"understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible","status":"publish","type":"post","link":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/","title":{"rendered":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible."},"content":{"rendered":"<p>If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are worth knowing. For the unaware, this rule could cost you a loss deduction.<br \/>\n<a href=\"https:\/\/tips.resourcesforclients.com\/5ysyryfCmqmd\/6410\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are worth knowing. For the unaware, this rule could cost you a loss deduction.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3196","post","type-post","status-publish","format-standard","hentry","category-uncategorized","post-wrapper","thrv_wrapper"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond\" \/>\n<meta property=\"og:description\" content=\"If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are worth knowing. For the unaware, this rule could cost you a loss deduction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\" \/>\n<meta property=\"og:site_name\" content=\"Peter Diamond\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-05T17:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-05.png\" \/>\n\t<meta property=\"og:image:width\" content=\"909\" \/>\n\t<meta property=\"og:image:height\" content=\"1079\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Peter Diamond\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peter Diamond\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\"},\"author\":{\"name\":\"Peter Diamond\",\"@id\":\"https:\/\/peterdiamond.tax\/#\/schema\/person\/fb4349153c27610a2e84f68a37d0038e\"},\"headline\":\"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible.\",\"datePublished\":\"2024-07-05T17:03:12+00:00\",\"dateModified\":\"2024-07-05T17:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\"},\"wordCount\":47,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/peterdiamond.tax\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\",\"url\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\",\"name\":\"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond\",\"isPartOf\":{\"@id\":\"https:\/\/peterdiamond.tax\/#website\"},\"datePublished\":\"2024-07-05T17:03:12+00:00\",\"dateModified\":\"2024-07-05T17:03:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/peterdiamond.tax\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/peterdiamond.tax\/#website\",\"url\":\"https:\/\/peterdiamond.tax\/\",\"name\":\"Peter Diamond\",\"description\":\"Tax | Bankability\u00ae | Structure | Consulting\",\"publisher\":{\"@id\":\"https:\/\/peterdiamond.tax\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/peterdiamond.tax\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/peterdiamond.tax\/#organization\",\"name\":\"Peter Diamond\",\"url\":\"https:\/\/peterdiamond.tax\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/peterdiamond.tax\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-02.png\",\"contentUrl\":\"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-02.png\",\"width\":458,\"height\":82,\"caption\":\"Peter Diamond\"},\"image\":{\"@id\":\"https:\/\/peterdiamond.tax\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/peterdiamond.tax\/#\/schema\/person\/fb4349153c27610a2e84f68a37d0038e\",\"name\":\"Peter Diamond\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/peterdiamond.tax\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/dbdce2d7e7ed3e4181cfddd796e8ed72?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/dbdce2d7e7ed3e4181cfddd796e8ed72?s=96&d=mm&r=g\",\"caption\":\"Peter Diamond\"},\"url\":\"https:\/\/peterdiamond.tax\/author\/saka\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/","og_locale":"en_US","og_type":"article","og_title":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond","og_description":"If selling a stock or mutual fund to book a loss for your tax return, the wash sale rules are worth knowing. For the unaware, this rule could cost you a loss deduction.","og_url":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/","og_site_name":"Peter Diamond","article_published_time":"2024-07-05T17:03:12+00:00","og_image":[{"width":909,"height":1079,"url":"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-05.png","type":"image\/png"}],"author":"Peter Diamond","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Peter Diamond"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#article","isPartOf":{"@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/"},"author":{"name":"Peter Diamond","@id":"https:\/\/peterdiamond.tax\/#\/schema\/person\/fb4349153c27610a2e84f68a37d0038e"},"headline":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible.","datePublished":"2024-07-05T17:03:12+00:00","dateModified":"2024-07-05T17:03:12+00:00","mainEntityOfPage":{"@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/"},"wordCount":47,"commentCount":0,"publisher":{"@id":"https:\/\/peterdiamond.tax\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/","url":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/","name":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible. - Peter Diamond","isPartOf":{"@id":"https:\/\/peterdiamond.tax\/#website"},"datePublished":"2024-07-05T17:03:12+00:00","dateModified":"2024-07-05T17:03:12+00:00","breadcrumb":{"@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/peterdiamond.tax\/understanding-tax-terms-wash-sales-surprise-your-stock-loss-is-not-deductible\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/peterdiamond.tax\/"},{"@type":"ListItem","position":2,"name":"Understanding Tax Terms: Wash Sales- Surprise! Your stock loss is not deductible."}]},{"@type":"WebSite","@id":"https:\/\/peterdiamond.tax\/#website","url":"https:\/\/peterdiamond.tax\/","name":"Peter Diamond","description":"Tax | Bankability\u00ae | Structure | Consulting","publisher":{"@id":"https:\/\/peterdiamond.tax\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/peterdiamond.tax\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/peterdiamond.tax\/#organization","name":"Peter Diamond","url":"https:\/\/peterdiamond.tax\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/peterdiamond.tax\/#\/schema\/logo\/image\/","url":"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-02.png","contentUrl":"https:\/\/peterdiamond.tax\/wp-content\/uploads\/2019\/12\/peter_diamond-02.png","width":458,"height":82,"caption":"Peter Diamond"},"image":{"@id":"https:\/\/peterdiamond.tax\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/peterdiamond.tax\/#\/schema\/person\/fb4349153c27610a2e84f68a37d0038e","name":"Peter Diamond","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/peterdiamond.tax\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/dbdce2d7e7ed3e4181cfddd796e8ed72?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/dbdce2d7e7ed3e4181cfddd796e8ed72?s=96&d=mm&r=g","caption":"Peter Diamond"},"url":"https:\/\/peterdiamond.tax\/author\/saka\/"}]}},"_links":{"self":[{"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/posts\/3196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/comments?post=3196"}],"version-history":[{"count":0,"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/posts\/3196\/revisions"}],"wp:attachment":[{"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/media?parent=3196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/categories?post=3196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peterdiamond.tax\/wp-json\/wp\/v2\/tags?post=3196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}