If I sold a stock on Dec 31st can I rebuy it without violating the wash rule since its a new tax year?

You have to wait 31 days. No matter if the time period is between calendar years.If I sold a stock on Dec 31st can I rebuy it without violating the wash rule since its a new tax year?
';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. Count carefully!) If you want to claim your loss as a deduction, you need to avoid purchasing the same stock during the wash sale period. For a sale on March 31, the wash sale period includes all of March and April.';





For more information on how it works, check out this link http://www.fairmark.com/capgain/wash/ws1鈥?/a>If I sold a stock on Dec 31st can I rebuy it without violating the wash rule since its a new tax year?
you can buy it the next day if you originally sold it at a profit.








if you sold it at a loss wait 30 days to get a new basis.





if you sold at a loss and buy it back within 30 days you keep your original tax basis.





The new year has nothing to do with it.