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Financial Planning / Tax Strategies


Subject:  Re: Wash Sale Rules Date:  2/7/2007  3:59 PM
Author:  edcosoft Number:  91851 of 132710

Wash sales are not confusing. If you sell at a loss and rebuy the same securities (in general) within 30 days before or after the sale, that rebuy is the repoacmeent shares for the wash sale.

So, to have a wash sale you must sell at a loss, and repurchase the same stuff within 30 days befor or after. Until those things happen, don't sweat all the details that ensue.

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