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Subject:  Re: IRA question Date:  6/11/2003  11:43 AM
Author:  JAFO31 Number:  65781 of 127549


<<<<There was a controversy about avoiding the wash sale rules by selling stock outside of a retirement account at a loss and then repurchasing the same stock within 30 days in an IRA. IRS recently published a regulation prohibiting such transactions to avoid the wash sale rules.>>>>

To the OP - do you have a citation handy, perchance, especially if URL? That was always the position I argued but I did not realize that a reg. had been published.

"What if husband sells in his tax stock account. Then wife buys same stock in Roth account?

wash sale?"

I believe so, IIRC. The FAQ has a good discussion about wash sales, and Kaye Thomas also has a good discussion, too.

Regards, JAFO

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