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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: Emec who wrote (914)11/14/1997 8:40:00 PM
From: Len Giammetta  Read Replies (1) of 1923
 
David F, maybe you know.... Wash Sale??

If and invstor sold a stock that he had a loss on, STCL OR LTCL, and within 30 days repurchased that stock, would that be considered to be a "wash sale" per the Internal Revenue Code?? Would that limit the losses you could report on the 1040??

(Not that I'm thinking of selling this bad boy)
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