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Re: eet2 post# 83237

Wednesday, 12/29/2010 11:21:33 AM

Wednesday, December 29, 2010 11:21:33 AM

Post# of 103302
My understanding it is any shares plus or minus 30 days... So if you have a tax write off for 500 shares but had bought 200 shares within that period... only 300 would be legit.. the rest would be a wash... but double check.. Frankly, today with IRA's while you aren't getting the tax writeoffs you can trade in and out at will... and my understanding is that since there is no tax implecations with the IRA.. you could buy shares you sold in a non-IRA for a tax writeoff and not effect the loss...

Again... not a lot of trading here..

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