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Financial Planning / Tax Strategies


Subject:  Re: Wash sales between taxable and tax-deferred Date:  11/27/1999  7:41 AM
Author:  elibortPrairiela Number:  21842 of 127753

I'm surprised we've never seen a reported case directly on point. The statute (Int. Rev. Code sec. 1092) says that if 'the taxpayer has acquired' the same stock that he's claiming a loss on, then he gets no deduction....

There's nothing in the statute that includes Jack's notion the the acquisition has to be in a taxable account. I think the wash sale rule applies.
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