Under the wash sale rule,if all of the sold shares are not repurchased within the relevant time period,a portion of the loss on the sale is allowed.

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This is correct, under the wash sale rule, if all of the sold shares are not repurchased within the relevant time period, a portion of the loss on the sale is allowed. The disallowed portion of the loss is added to the cost basis of the shares bought back.

Under the Wash Sale Rule,if All of the Sold Shares