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ypsiCPA

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ypsiCPA

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Re: scott64 post# 363

Thursday, 11/05/2009 9:44:37 PM

Thursday, November 05, 2009 9:44:37 PM

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Scott, as long as you sold the losing stock, you'll pay tax on the difference (100K - 50K). Be careful of the wash sale rules (buying back your loser within 30 days of selling it means you don't get the loss until a future sale).
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