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Financial Planning / Tax Strategies


Subject:  Re: Daytrading Wash Rule Date:  11/6/2000  7:43 PM
Author:  jallen10 Number:  41542 of 132804

According to the tax book, this rule applies to investors and traders, but not dealers. So he can take
his loss provided he does not buy "substantially identical stock" within 30 days before or after the sale.
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