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: Bob Miller who wrote (502)	1/25/1998 1:55:00 PM
From: Anthony W	Read Replies (1) of 5810

Thanks Bob...I appreciate your help. This is the first year I've traded on Margin so I have some things to learn about the tax implications. I recently learned about the "wash rule" and Im not sure I totally understand it, but Im working on it. It looks like I wont be able to declare some capital looses like I thought I could; however, being able to deduct margin interest will help a bit. Thanks again...

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