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OK,OK...I've read the Tax Guide on wash sale rules over and over and I'm still too dense to get it(?). Thirty day window pre and post sale makes perfect sense, but why do I keep hearing mention of closing out all positions before year-end? If I sell a position and then re-enter 31, 60, 90 days later...do I not still get to claim a loss? HELP!!!
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Yes, you still get to claim a loss if you are out for 31 days.
The idea of selling by the end of the year is so you can take any
loss in that tax year rather than carrying it forward into the next year.
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