1099 B: The stocks I sold were reinvested a few days later with a different brokerage. Can I subtract the amount I reinvested from my proceeds?

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1099 B: The stocks I sold were reinvested a few days later with a different brokerage. Can I subtract the amount I reinvested from my proceeds?

No. If you had a capital gain from the stocks you sold, it's taxable regardless of what you did with the money.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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