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Re: lindy1401 post# 62469

Monday, 12/28/2020 8:15:09 PM

Monday, December 28, 2020 8:15:09 PM

Post# of 122512
".... believe that the wash sell ... selling at a kiss then buying replacement shares within 30 days... leads to the loss deferred till you sell the replacement shares. Anybody?????..."

I believe "loss deferred till you sell the replacement shares" Has to be done before the year ends. I do not believe the loss can be carried over into the next year, otherwise, I can continue sell and buy forever and never have to pay any taxes.

I think you and I need to confirm this with our investment firm.

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