Losses from wash sales are not deductible when they occur.  Any disallowed loss should be added to the cost basis of the newly acquired security.  The disallowed loss will be reflected in the calculation of gain or loss when these shares are sold.  If you think you may have entered a wash sale, please consult your tax professional for more information.

Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.