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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Ty who wrote (9042)4/2/1998 8:08:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
>>If you re-short the stock within one month, the loss from the first short won't be tax deductable. In addition, you will have to make a larger profit from the re-short because the first loss is post-tax dollars.

Talk with your tax professional. That's not right. The tax loss from your first transaction is simply deferred until you close out the second. You never lose the tax benefit.
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