Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Iris Shih who wrote (2336)	10/19/1999 12:13:00 PM
From: Colin Cody	Read Replies (1) of 5810

Iris, you didn't say WHY you want to sell shares and then buy them right back. Other than paying commissions, what do you want to accomplish here? To answer your question, NO, the rules of attribution will call your proposal to buy back the same shares in under 31 days - a wash sale. Colin

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