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Re: lmcat post# 7008

Tuesday, 11/16/2010 3:13:31 PM

Tuesday, November 16, 2010 3:13:31 PM

Post# of 34471
Wash Sale - Even though you ignore/mark through the loss on the Sch. D, don't forget to use the sale value for wash sales in the total for sales which is entered on the Sch. D page 1. That dollar value is compared to the broker recorded dollar value for all sales. If they differ by a small percentages it will generate an audit.

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