Yes, in part: Section 1091 and Revenue Ruling 2008-5 disallow 3,465 of a 13,860 loss, and this GF592 Unit 9 tax research memo explains why it never returns. Searches like "gf 592 unit 9 assignment example", "gf592 unit 9 sample" and "gf592 unit 9 example" land here.
What a finished GF592 Unit 9 tax research memo looks like
Three pages in firm-memo format. The facts paragraph gives dates and numbers only: on December 12 the investor sold 1,200 shares of an index fund in a taxable account at 41.20, against a basis of 52.75, for a loss of 13,860; on December 19, seven days later, her IRA bought 300 shares of the same fund. The issue is one sentence asking whether the IRA purchase triggers the wash sale rule. The short answer says yes, for 300 of the 1,200 shares. The analysis quotes Section 1091(a) on acquisitions within 30 days before or after a sale, applies the proportional rule in the regulations to reach 3,465 disallowed and 10,395 allowed, then turns to Revenue Ruling 2008-5, under which the IRA's basis is not increased, so the disallowed loss is lost for good.
How a GF592 Unit 9 example is structured
The memo follows the order a reviewer reads in: facts, issue, short answer, analysis, a separate note on what remains open, and a planning paragraph. The facts contain nothing the analysis does not use, and every date appears because the 30-day window is counted in days. The issue is framed so that yes or no answers it, which keeps the memo from drifting into a survey of the wash sale rule. The analysis moves from statute to regulation to ruling, quoting each narrowly and applying it before moving on. A second question, whether a different issuer's fund tracking the same index is substantially identical, is set apart as unsettled, with the risk described rather than resolved. The planning paragraph states what would have avoided the loss: suspending the IRA's purchases, including reinvested dividends, from November 12 through January 11.
Dates doing the work
Sale on December 12, purchase on December 19: seven days apart, inside a window running from November 12 to January 11.
An issue a yes can answer
Does an IRA's purchase within 30 days disallow a loss realized in a taxable account? The memo asks exactly that and nothing wider.
Proportion from the regulation
Only 300 of 1,200 shares were replaced, so a quarter of the 13,860 loss, 3,465, is disallowed and 10,395 survives.
A basis that never rises
Revenue Ruling 2008-5 denies the IRA any basis increase, so the disallowed loss is not deferred, as it would be in a taxable account, but gone.
A second question, flagged
Whether another issuer's fund on the same index is substantially identical is flagged as unsettled, with the risk stated instead of assumed away.
Where marks go in GF592 Unit 9
Memos that answer a wider question than the one asked lose credit before the analysis is read, since the unit rewards one issue resolved with authority. Credit follows facts limited to what the analysis uses, an issue phrased for a yes or no, a short answer placed before the reasoning, and citations another professional could verify. Writers who know the wash sale rule but miss the ruling on IRA purchases usually treat the loss as deferred, which is wrong in exactly the way the question tests. Arithmetic without the proportional rule, disallowing the whole 13,860, is a common error. Uncertain points presented as settled, or settled points hedged into vagueness, both draw comment. A closing paragraph on what the taxpayer could have done differently connects the research to planning.
Get a GF592 Unit 9 example written to your instructions
Paste the GF592 Unit 9 research question and fact pattern, the citation format required, and the rubric. The custom memo states facts, frames one issue, answers it up front and supports the answer with provision, regulation and ruling, flagging anything genuinely unsettled. Nothing in it is advice on a real return. The first sample is free; 24-48h.
GF592 Unit 9 questions, answered
Why does the IRA purchase make the loss permanent?
In a taxable account, a disallowed wash sale loss is added to the basis of the replacement shares, so it returns when those shares are sold. The ruling on IRA purchases holds that the IRA's basis is not increased, so there is nothing for the loss to attach to and it never comes back. The sample explains both steps and cites the ruling by number.
How many authorities should a research memo cite?
As many as the question needs and no more. The sample relies on the statute, one regulation and one revenue ruling because together they answer the issue completely. Adding secondary sources that restate the same rule adds length without authority. Where the law is unsettled, citing the competing positions is necessary, and the memo does that for its open question.
What if the fact pattern does not name the account type?
Then the memo should say which facts it assumes and how the answer changes if they differ. Account type decides whether a disallowed loss is deferred or lost, so it cannot be left implicit. The sample's facts name the IRA; a memo working from thinner facts would present both outcomes and identify the fact that chooses between them.