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WASH SALES AND MUTUAL FUNDS
June 26, 2008
If you sell a stock at a loss and buy the same stock within 30 days before or after the loss sale, the "wash sale" rules of the tax law disallow the loss. But what if you sell a Vanguard S&P 500 index fund at a loss and buy a Fidelity S&P index fund within 30 days? The Tax Tips Blog ponders the question.
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