@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.
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
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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
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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
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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
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Tranquil Nest :
Why is this a thing?
2026-05-29 01:22:49
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Jordy CJ :
Great video, thank you 👏🏻👏🏻
2026-05-29 00:39:44
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john :
impressive visualization skill presentation on the board, nice
2026-05-29 01:31:18
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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
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Robert Graham :
Can you do this all year or just at the end of the year
2026-05-29 01:15:23
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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
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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
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ethan :
so I can't sell tsla at a losst and buy tsll would be a no?
2026-05-29 05:48:01
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Chad :
So is it a pro tip to not trade in December so you can file early January?
2026-05-29 02:40:40
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Scotty From NYC :
thank you Jess... amazing video as always! 🌹🌹🌹
2026-05-29 05:01:36
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DJ Rules :
Very useful 🥰
2026-05-29 06:26:40
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John 300 :
that is sooo important, thank you forsharing. !!!!
2026-05-29 05:11:28
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Sparkle@CA :
sending loveeee
2026-05-29 04:27:30
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UncleSnake79 :
Wash sales are so gorgeous 😍
2026-05-29 01:33:02
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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
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Queen Esther 🎀 :
🙌🏼 You’re the best!
2026-05-29 04:12:46
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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
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Kemz :
this sounds like the Bed and Breakfast rule in the Uk. is it the same?
2026-06-13 10:06:28
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Josh :
Just started following and great great content, thank ya
2026-05-29 02:00:52
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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
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