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Willymon

12/28/18 9:26 AM

#49603 RE: Trader9999 #49595

"Wash-Sale Rule" -- I don't think people realize that if they sell at a loss that they can't buy again for 30-days; not even a company that is similar.

https://www.investopedia.com/terms/w/washsalerule.asp

Or, if they buy back in under 30-days they loose the tax loss deduction and are now at risk of penalties.