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REDDIT

Is there any scenario where having wash sales is beneficial?

B
Mar 25, 2025 · 13:02

My fiancée's professionally managed stock portfolio from Northwestern Mutual always seems to have substantial wash sales every tax season. I manage my own portfolio myself and usually only make less than a dozen trades a year. I haven't had a wash sale in over a decade. Back then I'd day trade and had no idea what I was doing. Is there a strategy I'm overlooking where having a wash sale can be beneficial? I would think a professional should be able to easily avoid the problem.