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Subject:  Wash sale timing question Date:  4/18/2001  4:20 PM
Author:  amar777 Number:  50422 of 130904

This question is about the timing of trades to be considered a wash sale.

On August 1, we bought 500 shares of X (we already had 1000 shares of X at that time). On August 31, we sold 500 shares of X at a loss.

Is August 31 within 30 days of August 1 by the wash-sale rules?

Seems borderline to me. Just wanted to know how to read the law.

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