Lets say company D is down 30% from where I bought it. If I sold the shares of company D and put that money immediately into a similar competitor whose shre price is down 27%, am I in danger of running afoul of the wash sale rule?NoHow much of capital losses can I claim against my ordinary income?Up to $3,000 of ordinary income can be offset by capital losses in excess of capital gains in a tax year; any losses above that must be carried forward to the next year.WTR
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