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Can someone please explain to me how a wash sale Rules relate to Taxation of Business entitties? I understand The rule defines a wash sale
Can someone please explain to me how a wash sale Rules relate to Taxation of Business entitties?
I understand The rule defines a wash sale as one that occurs when an individual sells or trades a security at a loss, and within 30 days before or after this sale, buys a substantially identical stock or security, or acquires a contract or option to do so. but I need how the rules related to Business entities.
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