TAX LOSS selling

  1. 461 Posts.
    Hi folks,

    Is it true there is a 45 day rule for tax loss selling? Where if you buy the same stock again within the 45 day period, the tax loss becomes void? Are there any rules similar to this? ie. shorter or longer time frame, or can you simply sell at loss and buy the same stock again on the same day?

    thanx
    rotu.
 
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