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Financial Planning / Tax Strategies


Subject:  Re: Wash Sale: Stock & Options Date:  12/7/2000  2:06 PM
Author:  zman49 Number:  42608 of 124774


The wash sale rules explicity say that buying a call option (within 30 days of a sale for a loss) does create a wash sale. You would have to add the loss on the 100 shares to the cost of the option instead of realizing the loss as of the day you sold the stock.

Good Luck,
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