Will this trigger Wash Sale Rule

Joint regular account with my wife, under my SS number. Suppose I buy XYZ 2 weeks ago and sell it today at a loss. I want to buy it back, but that will disallow that loss due to wash sale rule. So, instead can I:

1) Buy it back under my IRA account. I assume this has the same effect, triggering the wash sale rule. Correct?

2) Can I buy it back under my wife's IRA account and avoid the wash sale rule?

Mel

Reply to
MZB
Loading thread data ...

No to both. You must wait more than 30 days.

Ira Smilovitz, EA

Reply to
ira smilovitz

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.