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Politics : Ask Michael Burke

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To: Tommaso who wrote (89851)	2/23/2001 5:16:27 PM
From: Mama Bear	Read Replies (1) of 132070

She has done a 180 on that opinion: "BW: Sell a loser in your taxable account and buy it back in an IRA. I disagree with this point, as well. We discussed this topic a couple of weeks ago. And my sources were pretty confident that you cannot sell a stock at a loss in your taxable account and buy it back in your individual retirement account without triggering the wash-sale rule. "It is an indirect sale between related parties," says Willens." thestreet.com Regards, Barb

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