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recinvestor

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recinvestor

Re: cwhockey31 post# 1733

Tuesday, 11/14/2017 8:53:44 PM

Tuesday, November 14, 2017 8:53:44 PM

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A wash sale is when you sell stock and buy it back within 30 days of the sale.

This disallows someone to sell stock for a loss at calendar year end and then immediately buy it back in January for tax loss advantage.
Rec
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