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This is not true. It is the repurchase of shares within the 31 day period that triggers the wash sale. You can sell stock instantly at a loss and realize the loss, as long as the stock is not repurchased within 31 days.



I'm sure someone else has already jumped on this but....
What you said here is not true, either.

If you sell 100 shares of AAPL, for example that you bought on January 15th, you will have a wash sale if you still have shares of AAPL that you bought on January 2nd.

The 30 day "window" is really a 60-day window: 30 days on either side of the purchase date of the shares you sold.

I still don't know what triggered the wash sale I had (because I've been too lazy to check) but I know that my brokerage firm automatically added the loss to the cost of the rest of the shares I sold (which were purchased long before). I'm thinking that just maybe they are now looking at both your taxable accounts AND your IRA(s) for evidence of purchases of the same stock within that 60-day window.

For me, I'm not worried about it because I later sold all shares and realized the loss.

AM
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