SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUANTUM
QNTM 9.655-15.4%Nov 28 12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott Moore who wrote (7421)3/9/1998 4:46:00 PM
From: RealMuLan  Read Replies (1) of 9124
 
Off topic: Wash sale FYI:

To: +Jeff Jordan (729 )
From: +James Unterburger Sunday, Mar 8 1998 12:51PM EST
Reply # of 754

Re: wash sales
The guy I talked to at the IRS (one of those call-backs; they call you after about
three days) confirmed what I mentioned a while back in this thread:
no need to report wash sales as such IF all related transactions occurred
in the same tax year, and if no new position was initiated within 30 days
of the new year. Wash sales are relevant only if the position into which
the disallowed loss was added to basis is still open into the next
tax year, or was opened in the next tax year within 30 days of the sale
which becomes washed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News