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Tuesday, December 22, 2015 7:53:05 AM
I think most brokers are going to report the swap as a wash because the 2 companies are substantially identical.
There may be some brokers that overlook it or miss it, but I doubt it.
Some people will only report the sale/loss when doing their taxes, even if the broker reports it as a wash. Perhaps the IRS will miss it or overlook it, but also doubtful.
I think the best "trick" is having different accounts or even different brokers. The idea being the sale and then the purchase wont trigger a wash alert because they didn't take place in the same account.
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