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REDDIT

Wash sale rule?

L
Apr 5, 2025 · 15:40

Let’s say I bought some ETF last week and I’m already down 10%. Can I sell it now (within 30 days) and NOT have a wash sale if I don’t buy similar ETF for the next 30 days?

Also, how does the financial institution or IRS determine wash sale for ETFs as they are many “similar “ ETFs?