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Financial Planning / Tax Strategies


Subject:  Re: Wash Sales losses Date:  3/16/2012  6:35 PM
Author:  vkg Number:  115523 of 130193

I don't understand this need to purchase another lot of shares to realize the loss.

Is this off a 1099-B? It sounds like the brokerage didn't closely review the statement. The statement has elements of truth, but the way it is constructed it is wrong.
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