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Feb 13, 2024

What that statement meant is that if you sell a particular asset in your taxable account, my understanding is that if you buy the same asset in an IRA, this would be considered a wash sale.

If you both sell and buy the same asset in non-taxable accounts, there's no tax implication for that year, so the wash sale rule wouldn't come into play.

Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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