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Financial Planning / Tax Strategies


Subject:  Re: how to report short sale Date:  2/20/1998  6:11 PM
Author:  IntenseAnalyst Number:  2139 of 127545

How do you report short sales which are result in wash sales? My understanding is that if claim a loss on a short sale and then open another short position within 30 days (before or after) you have washed the loss. Does that loss go into the basis of the new short?
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