However, when a non-retirement account is sold at a loss and identical shares are purchased in an IRA within 30 days, losses cannot be deferred. In other words, the loss is gone. A wash sale is ...

A wash sale is one of the key pitfalls to avoid when ... buy the asset inside a retirement account such as a 401(k) or an IRA ...

The wash sale rule prohibits selling one asset and purchasing ... and repurchase it in a tax-advantaged account (including an IRA) within 30 days, you will still be in violation.

Unlike people investing in securities, crypto investors can take full advantage of the tax-loss harvesting rules without having to time out virtual currency purchases to comply with the wash sale ...

Purchasing the same or substantially identical security in a different account, for example an IRA, is still a wash sale. If you have multiple accounts, including professionally managed accounts ...

utah778 / Getty Images A substantially identical security refers to securities that are too similar to be considered separate investments, as defined by the IRS in the wash sale rule. What Is a ...