Income Taxes and Record Keeping ( tax ) Message Board

STOCKTALK

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 : Income Taxes and Record Keeping ( tax )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pls418 who wrote (3596)	1/27/2001 2:58:51 PM
From: voodooist	Read Replies (2) of 5810

Just lurking and read your question. I researched this one a couple of years ago.. The law says you can't buy it in any account that you're related to. This seemed to include IRA's, trusts, custodian accounts, power of attorney, and relatives. I remember that there wasn't a clear definition of relatives. Can't remember where I read this, but it was very specific. Maybe the extended instructions for schedule D? Also, a receiving a gift or inheritance of the stock would not cause a wash sale to occur.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next