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To: Charles Tutt who wrote (39193)12/14/2000 1:28:21 PM
From: Conan  Respond to of 64865
 
Charles:

Good question. If you buy back shares you sold less than 30 days ago, what is the date of purchase as far as determining whether you get short or long term capital gains tax treatment when you ultimately sell? I have assumed that the wash sale preserves the earlier purchase date but perhaps I'm mistaken. Please tell me if you know.

Conan