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Results tagged with wash-sale
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user 89783
A wash sale is a sale of a security at a loss and repurchasing the same or substantially identical stock shortly before or after with the intention of realizing the loss as a claimable tax deduction but still reaping gains if the security's price recovers.
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If I own some stock, then buy more and then sell, is that a wash sale?
I use Robinhood for stock trading that uses FIFO (there is no other selectable option).
If I..
Bought 10 shares of SSS 1/1/2019 at 1:00 pm at $100 each = $1000
Bought 10 shares of SSS 9/1/2019 at …
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