Wash sale
Selling at a loss and buying the same thing again within 30 days. US law limits the loss for stocks and securities.
Wash sale in more detail
For stocks, the US has a wash sale rule. If you sell at a loss and buy the same thing within 30 days before or after, you cannot claim the loss yet.
That may change. On 16 September 2026 a committee of the US House of Representatives approved a bill, the Digital Asset Tax Certainty Act, that would extend wash sale rules to digital assets. When this lesson was last reviewed it had not become law. As drafted, it would reach back to sales made after it was introduced in mid-September 2026.
All 128 terms · Checked against the lesson's sources on 10 October 2026.
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