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Subject:  Stock loss tax writeoff... Date:  10/8/2000  2:04 PM
Author:  RadioPhool Number:  40685 of 128041

Hello folks. Forgive me if I've missed it, but I've scanned the FAQ and don't seem to be able to find an answer to my questions. What I'm wondering is if I sell a stock at a loss, can I just write that off as a tax deduction on its own or must I also have accompanying stock that has been sold at a gain to offset the loss?

I've heard conflicting opinions on the subject, and I'm hoping someone (or several) might be able to offer the true answer. Thanks much in advance!

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