@jessicainskip: In today’s lesson we are explaining how wash sales work! Wash sales explained or a dissallowed loss. I am using a stock wash sale example. This is not tax advice duh.

Jess Inskip
Jess Inskip
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Region: US
Friday 29 May 2026 00:28:39 GMT
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lobo242612
honijqqgxp3 :
What about when you buy 100 shares, at different times/prices…… then sell all 100. Make profit on some , loss on others
2026-05-30 03:00:26
2
richludwig
Rich Ludwig :
If you buy the stock the second time and then hold it for three years how does that affect the tax rate and does it disqualify the wash sale?
2026-05-30 13:54:01
4
iambaoban
Moo :
someone made a video that someone made 45k realized gains but received an $800,000 tax bill due to the wash sale rule which MAKES ZERO SENSE!!!!
2026-06-17 12:26:00
2
nice.peanut
nice.peanut :
Cover wash sales for options now. Lot of FUD out there about this. But know there is the CUSIP and is that all that matters when determining “substantially similar” in this case?
2026-05-29 22:10:54
3
tranquil_nest
Tranquil Nest :
Why is this a thing?
2026-05-29 01:22:49
4
jordy.cely
Jordy CJ :
Great video, thank you 👏🏻👏🏻
2026-05-29 00:39:44
14
johnmatzos
john :
impressive visualization skill presentation on the board, nice
2026-05-29 01:31:18
3
raining2117
Raining :
You sure retirement accounts don’t matter? Everything I have read says selling in a brokerage for a loss and buying in a retirement account will still trigger a wash sale.
2026-05-29 00:45:58
3
robertgra4
Robert Graham :
Can you do this all year or just at the end of the year
2026-05-29 01:15:23
2
feverfan08
FeverFan :
Great video, has always confused me. If I buy on 5/1 and 5/8 and sell the stock from 5/1 for a loss and do not buy more till 6/3, do I get to take the loss from 5/1?
2026-05-29 11:47:57
3
shay2.40
Shay :
Jessss Hi! Okay my attempt to stump you, using your example, if I use different brokerage accounts and buy abc stock, then sell it, and in less then 30 days buy abc stock in another brokerage. Will it trigger a wash sale?
2026-05-29 05:43:24
2
etn.303
ethan :
so I can't sell tsla at a losst and buy tsll would be a no?
2026-05-29 05:48:01
1
dc3nt
Chad :
So is it a pro tip to not trade in December so you can file early January?
2026-05-29 02:40:40
1
scottyk318
Scotty From NYC :
thank you Jess... amazing video as always! 🌹🌹🌹
2026-05-29 05:01:36
1
djrules7
DJ Rules :
Very useful 🥰
2026-05-29 06:26:40
2
johnh3000
John 300 :
that is sooo important, thank you forsharing. !!!!
2026-05-29 05:11:28
1
sparkleca1
Sparkle@CA :
sending loveeee
2026-05-29 04:27:30
1
unclesnake79
UncleSnake79 :
Wash sales are so gorgeous 😍
2026-05-29 01:33:02
1
stevenyangofficiall
Stevenyangofficial :
How does this wash role apply to my stocks my dollar cost average is say $100, but I sold my stock for a profit, but then when I rebuy the stock again, portion of my stock in wash sale
2026-05-29 03:56:39
1
esther.princess.queen
Queen Esther 🎀 :
🙌🏼 You’re the best!
2026-05-29 04:12:46
0
crazykansasbro
CrazyKansasKid :
I do a LOT of call spreads. Schwab shows disallowed losses at 80k. I don’t own any of the stocks. Does that mean 80k will be taxed at year end?
2026-06-03 17:28:51
0
booze.h
Kemz :
this sounds like the Bed and Breakfast rule in the Uk. is it the same?
2026-06-13 10:06:28
0
user.joshua
Josh :
Just started following and great great content, thank ya
2026-05-29 02:00:52
0
user8759684273720
user8759684273720 :
I would say this. Don’t let wash sales interfere with your investment decisions. We can square up with IRS later. Most brokers do a pretty good job calculating gains and losses. Focus on Earning!
2026-05-31 04:24:39
1
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