Yes W, this is known, but chart players don't try to claim losses from IRS. If you sell and buy within 30 days, you can't claim loss. Rather, they make much bigger gains by buying lower and pay taxes instead :-).
That rule has been around for a long time. That's not new. You do get to deduct your losses, just not on the wash sale stock. Your loss is added to the basis of your replacement stock. I had wash sales on my returns for years.
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