I been thinking the rule only applied to sell and buy with a loss within 30 days until today I researched online again and looks like if we buy a stock and sell within 30 days it also triggers wash sale rule? What happens if I buy a stock and sell within 30 days at a loss, and never buy back the stock again.. I guess should be ok to claim the loss (as I used to) ?
Share repurchase - Wikipedia Share repurchase (or stock buyback or share buyback) is the re-acquisition by a company of its own stock. It represents a more flexible way (relative to dividends) of returning money to shareholders.. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is