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https://boards.fool.com/quoti-think-the-easiest-way-to-think-about-it-is-31031143.aspx
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| Subject: Re: Wash sale rule | Date: 12/20/2013 2:02 PM | |
| Author: RBMunkin | Number: 119740 of 132092 | |
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"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. :) RB |
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