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Financial Planning / Tax Strategies


Subject:  Re: Wash Sales losses Date:  3/16/2012  2:32 PM
Author:  CABob Number:  115518 of 127533

A wash sale occurs when a stock is sold for a capital loss and the purchase and sale occur within a 31 day period of time. In order to realize the loss you would have to buy the stock again, hold for at least 31 days, and then sell it.

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