The "wash sale" rule applies if an investor purchases substantially identical securities within what time period?

Question

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The wash sale rule applies if an investor purchases substantially identical securities within 30 days. This means that if an investor sells a security at a loss, they cannot deduct that loss if they purchase a substantially identical security within 30 days before or after the sale. This is to prevent investors from selling securities at a loss simply for tax purposes and then immediately repurchasing them.

The "Wash Sale" Rule Applies If an Investor Purchases Substantially