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Re: hypervigilant post# 12566

Wednesday, 04/18/2012 2:15:56 PM

Wednesday, April 18, 2012 2:15:56 PM

Post# of 28688
If you trade a lot you need to carefully watch for wash sales.

The wash sale rule prevents you from claiming a loss on a sale of stock if you buy replacement stock within 30 days before or after the sale.