Moemg
Gone but not forgotten
My belated New Year's resolution is to learn more about taxes on investments . Does anyone have a good book recommendation on this subject ?
Good luck. Congress changes the rules on a whim. What you learn today may not apply tomorrow. And they often change them far into the tax year, making planning impossible.
-ERD50
The IRS publications on the subject are quite good. Get them all free at www.irs.gov You won't find much on wash sales and tax-loss harvesting in books because they are pretty trivial subjects and don't take up more than a paragraph or two in most books. I think most of the popular media articles on these subjects just serve to worry and confuse people. You are better off just reading the IRS stuff and ignoring the noise.
You can also check out the reference stuff on taxes over at Main Page - Bogleheads
No need to take a pill you are absolutely right . My late husband worked for the IRS and every year he would get a new massive book with all the changes . I just want a basic book so I can understand tax loss harvesting and the 30 day wash rule better .
Two words...index funds.