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Author: knikula One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121100  
Subject: Wash Sales Date: 12/22/1999 7:34 AM
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Currently , I have a loss of about $3000 in BRK.B in a regular brokerage account. I have held it less than a year.

I have confidence in BRK.B and would like to: a) sell my shares in my regular brokerage account

AND

b) buy the same number of shares in my IRA account.

I would then claim a capital loss on the shares sold while still owning the shares.

Any tax knowledgeable folks out there know if this would fall under the wash sale rule and the capital loss be disallowed?

Thanks for any help.
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