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I am a 55 year old self employed/independent contractor. I have a SEP account consisting of stock. Is it possible to sell some of the stock in this account on a "loan" basis?

In other words, if I sold $3000 worth of stock in Jan 2002 and bought it back 1 to 2 months later, would I still be penalized 10% plus owe the capital gains tax on top of it?

This would take place (sell and buy back) before my first 2002 qtrly estimated tax comes due in April. If this is allowable without penalty
or tax consequence, would I still have to report it?
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