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Re: BigBadWolf post# 8166

Saturday, 04/27/2024 1:12:01 PM

Saturday, April 27, 2024 1:12:01 PM

Post# of 8990
If by chance any recently sold @ a loss (any $ amount) & bought back in again already there will be No tax write off due to

A wash sale is a transaction in which an investor sells or trades a security at a loss and purchases "a substantially similar one" 30 days before or 30 days after the sale.1 This is a rule enacted by the Internal Revenue Service (IRS) to prevent investors from using capital losses to their advantage at tax time.



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