Reinvested dividends and the “wash” rule
I automatically reinvest all dividends (and capital gains). If this reinvestment occurs within 30 days of a captured loss, is that a violation of the “wash” rule?
Terry Says
No, it will not be impacted by the wash rule. That rule is designed to keep you from taking a loss, then reinvesting in the same stock to maintain your position — within 30 days.
