Revisiting the Wash-Sale Rule, Something Uncle Sam Has Yet to Do

If I sell 100 shares of Intel in my regular taxable brokerage account, at a loss, and buy 100 shares of Intel in my IRA account the same day, do I still deduct the loss on my capital gains schedule?

-- Rick Bader

Rick,

You are not the first person to ask me this question, and until the Internal Revenue Service makes a decision, you won't be the last. ...