Interpreting the Wash-Sale Rule
February 7th, 2010
| Category: Personal Finance
By TOM HERMAN Q: I’ve held shares of Netgear for a few years in my regular, taxable account. I would like to sell enough shares to cover my annual contribution to my Roth individual retirement account, and then immediately repurchase the shares in my Roth IRA. I would have a loss on the sale from the regular account. If I do sell, would I be allowed to deduct that loss? Or, if I buy back the…
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