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Financial Planning / Tax Strategies


Subject:  Re: Wash sales between taxable and tax-deferred Date:  11/24/1999  1:06 PM
Author:  HatchetJack Number:  21682 of 127616

"This question concerns "Wash" sales of stocks between taxable and tax-deferred accounts:"

I don't see the problem with the IRA. It is neither a related person as defined under Section 267 or a taxable transaction. A wash sale results when a taxpayer sells stock or securities at a loss and within 30 days before or after the sale, buys, in a fully taxable trade, substantially identical stock or securities.
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