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Re: Hoghead7 post# 29963

Wednesday, 12/02/2020 10:19:25 PM

Wednesday, December 02, 2020 10:19:25 PM

Post# of 64310
The wash-sale rule was designed to discourage people from selling securities at a loss simply to claim a tax benefit. A wash sale occurs when you sell a security at a loss and then purchase that same security or “substantially identical” securities within 30 days (before or after the sale date). - schwab
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