Phrases with «superficial loss»

A "superficial loss" refers to a situation where an individual sells an investment at a loss, but then repurchases the same investment within a short period of time. However, for tax purposes, the loss is not taken into account and cannot be claimed. In essence, the loss is considered superficial or invalid. Full definition

Related phrases

Sentences with «superficial loss»

  • If you make a loss then you can't claim it (superficial loss rule). (canadiancapitalist.com)
  • Based on the rule, I have many superficial losses on some of my picks, and as a result, would like to know how to interpret this in my scenario. (milliondollarjourney.com)
  • If these 22 shares are not sold by the end of the 61 - day period, a partial superficial loss will occur. (advisor.ca)
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