In a previous article I talked about how important it is to stretch the psoas muscle. This can cause many complications including back pain. To recap, most people have tight and shortened psoas muscles. The common activity of sitting causes our psoas to be consistantly shortened for extended periods of time.
The sale on March 31 is a wash sale. The wash sale period for any sale at a loss consists of 61 days: the day of the sale, the 30 days before the sale and the 30 days after the sale. (These are calendar days, not trading days.
Using Capital Losses. The tax rules are very specific on how an investment loss -- called a capital loss -- must be used when you file your taxes. All gains and losses are classified as short-term or long-term: short-term means that you held the asset for one year or less; long-term means you help the asset longer.he tax rules will disallow your loss write-off if you sell your mutual fund shares and buy them right back. This tactic is referred to as a wash sale.. The wash sale rule requires that you have not purchased replacement shares in the same mutual fund within 30 days before or after you sold your shares for a loss.