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Maybe I should have put OUCH! in the subject heading.
I found this as a definition on the web:

" wash sale rule
IRS rule prohibiting a taxpayer from claiming a loss on the sale of an investment
if that same investment was purchased within 30 days before or after the sale date. also called 30-day wash rule."

I thought this was just that you couldn't sell a stock at a loss if you bought the same stock back within 30 days. I bought the stock on 6/30/99 and sold it on 7/30/99 at a significant loss, does this mean I can't claim the loss on my taxes ????

I haven't bought it back after I sold it on 7/30/99.
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