M-MTax
Level 14

Deductions & credits

Yes, but you have to be mindful of the wash sale rule:

 

https://turbotax.intuit.com/tax-tips/investments-and-taxes/wash-sale-rule-what-is-it-how-does-it-wor...

 

Your loss is disallowed for tax purposes if you sell stock or other securities at a loss and then buy substantially identical stock or securities within 30 days before or 30 days after the sale.

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