Identify the following provisions as deferral (D) or exclusion (E) provisions.
-Wash sale
A)deferral(D)
B)exclusion(E)

Name: Identify the following provisions as deferral (D) or exclusion (E) provisions. -Wash sale A)deferral(D) B)exclusion(E)
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Question

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Wash sale rules are considered a deferral provision because they prevent the recognition of a loss on a security sold in a wash sale. Instead, the loss is deferred by adding it to the cost basis of the replacement security.

Identify the Following Provisions as Deferral (D) or Exclusion (E)