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Say I buy 1 stock X for $10, it goes to $100, I sell for $100, rebuy 1 at $100, next day stock X drops to $10, I sell.

Is the $90 capital gain offset by the $90 capital loss for a net 0 in taxes owed? Or is there taxes owed?



Submitted February 17, 2021 at 08:58PM by learning_new_things https://ift.tt/3k0hGdw

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