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I bought and then sold a stock for a gain on April 15th.

I bought the same stock again last week and I am going to sell it for a loss.

Is this a wash sale? This is USA.

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  • What country's tax laws are you asking about? Please add a country tag. – Chris W. Rea Apr 30 '20 at 23:34
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When you sell the current position for a loss, it will not be a wash sale. You will be able to deduct the loss.

However, should you buy a replacement position (option or shares) within the next 30 days, it will become a wash sale violation and you will have to defer the loss and adjust the cost basis of the new position.

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