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Technology Stocks : Dell Technologies Inc.
DELL 129.21+0.6%12:27 PM EST
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To: Eddie Kim who wrote (37642)4/13/1998 1:32:00 PM
From: Fangorn  Read Replies (1) of 176387
 
Eddie,
Your (lack of) logic makes me dizzy.
Thought experiment
You hold two stocks, both with a cost basis of $10,000. One is up 50%, the other down 50%. Sell the up stock for a profit of $5000. Now tell the IRS that you don't owe any tax because you have an offsetting loss in the stock you still hold.
Goodbye
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