M-MTax
Level 14

Deductions & credits


@Opus 17 wrote:
31 days after the date of the sale (not counting the date of the sale) is when it is allowed to buy again.  

Exactly.  Then, if you do the simple math for this hypo, if you sell on the 1st of a month that has 31 days, you cannot repurchase until the 1st of the following month. In that case you don't count the date of the sale OR the last day of the stated period (which would be the 31st of the month of the sale).