How does selling and rebuying stock work for taxes?

I just sold 25 shares of a stock about 15 days ago. There are realized capital gains on that sale. Now the price for the stock is lower and I am thinking of rebuying 25 shares of the same stock. Would I still have to pay the capital gains for that first sale?|||Yes. |||Just to follow up on this question: Selling a stock with a long term gain and then re-buying the same stock, would that mean that your base cost in that stock is what you paid for it a second time? This yr maybe tax free, next yr I will be charged LT gains. Becuase of the tax rules. please IRS rul

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|||Yes you would. A wash sale only takes place if you have a LOSS on the sale, then buy it back.