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.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: edamo who wrote (6221)4/9/2000 3:38:00 PM
From: Labrador  Read Replies (1) of 8096
 
Loss deductions are disallowed where they result from wash sales of stock or securities. A wash sale occurs if stock or securities are sold at a loss and the seller acquires substantially identical stock or securities 30 days before or after the sale (Code Sec. 1091(a) ; Reg. õ1.1091-1(a) ). Stock or securities for this purpose include contracts or options to acquire or sell stock or securities unless regulations provide otherwise (Code Sec. 1091(a) ). The disallowed loss is not permanently forgone. Rather, it is reflected in the basis of the newly acquired stock or securities.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext