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REDDIT

Wash sales for international investors trading US stocks

S
Mar 31, 2025 · 08:09

Should a non-us citizen who uses a third-party broker (my bank doesn't specify) be worried about wash sales? Would penalties still apply if the broker is American? I'd like to rebalance by portfolio (shave down number of ETFs into 2) but worried because they probably count as "Substantially similar" securities.