the wash sale rule still apply? Thanks!
Does that mean I will not be able to write off the loss in 2008?
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the wash sale rule still apply? Thanks!
Does that mean I will not be able to write off the loss in 2008?
If you sell the stock 12/31 and rebuy the stock between 12/1 and 1/30, you are subject to wash sale rules.
The loss is postponed until you sell the replacement stock.
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