I think I understand the tax consequences here, but let me paraphrase them to be sure.If I have a long position, and I sell some shares of that same security short, then I would automatically realize the gain on my offset long position at the time of the short sale. However, IF I close the short position less than 30 days after the end of the tax year AND I continue to hold the offset long position for 60 days after the close of the short position than the shorting against the box rule does not apply.Is that basically it?Also, does purchasing puts also count as shorting against the box? I would assume it does. Does anyone know for certain?Thanks,Evan
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