Wash sale rule?

I've never been able to get a good answer on this question: If I sell a stock for a loss in a regular brokerage account, and then purchase that same stock in my IRA account that very day, does the wash sale rule apply? TIAWash sale rule?
When the value of your stock goes down you get that sinking feeling 鈥?you've lost money. But the tax law doesn't allow that loss until you sell the stock. In a way that's good, because it means you can control the timing of your deduction, taking it when the benefit is the greatest.





The problem is, you may have a conflict. You want to deduct the loss, but you also want to keep the stock because you think it's going to bounce back. It's tempting to think you can sell the stock and claim the loss, then buy it back right away. And that's where the wash sale rule comes in. If you buy replacement stock shortly after the sale 鈥?or shortly before the sale 鈥?you can't deduct your loss.





It doesn't matter whether you are selling and purchasing the stocks out of two different accounts. The wash sale rule is tied to you as a person; it is not tied to the account that you use. You can find much more information about this at the link below.