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Financial Planning / Tax Strategies


Subject:  Re: Wash sale rule Date:  12/20/2013  2:02 PM
Author:  RBMunkin Number:  119740 of 132092

"I think the easiest way to think about it is that if 31 days after a sale for a loss you don't own any substantially identical stock, the wash sale rule is moot. IOW, when you totally liquidate a position and stay out for 30 days, everything that's been deferred gets recognized and the books balance."

Excellent. Thanks. That is an easy way to look at it.
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