Glossary · IRC §1091 · 26 U.S.C. §1091
Wash-sale rules
Wash-sale rules (Section 1091) — disallow losses on sales of stock or securities repurchased within 30 days; apply to digital assets treated as stock or securities but not generally to property-classified crypto
In the Guide
This section is treated in Chapter 24. The published chapter summary is the source of the definition above. The full reasoning, citations, and worked examples are in the book.
Cite as: Diaz, Paul D. THE TAX CUTTERY® Guide to Federal Income Taxation, Professional Edition, Chapter 24: Cryptocurrency and the GENIUS Act. IRC §1091 (26 U.S.C. §1091). taxguide.tax/irc/1091
This is the glossary entry. The chapter itself is in the book. Read a free excerpt, BUY THE BOOK ($299), or get the free Letter.