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nywest329

01/15/12 4:32 PM

#51112 RE: biolover #51111

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.

Dollar Bill

01/15/12 5:09 PM

#51114 RE: biolover #51111

I can't buy in until 30 days passes or i can't count it as a loss for tax purpose.