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Introduction

SECTION 4. APPLICATION

Internal Revenue Bulletin 2014-34 · 2026-10-03 edition · updated 2026-10-04 · United States

If a redemption is within the scope of section 3 of this revenue procedure and results in a loss, the Service will not treat the redemption as part of a wash sale. Therefore, section 1091(a) will not disallow the deduction for the resulting loss in the year realized and section 1091(d) will not cause the basis of any property to be determined by reference to the basis of the redeemed shares.

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▸Contents — Internal Revenue Bulletin 2014-34
Internal Revenue Bulletin 2014-34

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