If a stock is purchased and sold within a 30 day period for a loss, but no other purchases of the same stock have been made 30 days before or 30 days after the sale is that considered a wash sale or is that transaction not subject to the wash sale rules?
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Wash sale rules
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Now, wait a minute. You bought the stock once and then sold it. There is no transactions of the same stock within 30 days before or with in 30 days after. It is not a wash sale It is a regular transaction. Just put it on sch DEverybody should pay his income tax with a smile. I tried it, but they wanted cash
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