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Financial Planning / Tax Strategies


Subject:  capital gains ? Date:  12/14/1999  4:09 AM
Author:  stormyout Number:  23062 of 127753

If I sell all of a stock, keep the money in my brokerage account, and buy the same stock back at a later date (hopefully cheaper)is there a cut off date regarding paying capital gains on it? I heard if you buy it back within 30 days you don't have to pay. Is this correct?
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