Income Taxes and Record Keeping ( tax ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Colin Cody who wrote (1963)	3/7/1999 2:16:00 PM
From: Stu E.	Read Replies (1) of 5810

Colin, please indulge me and take me back to basics on the wash sale rule. Say I buy 100 shares of XYZ on 1/1/98 for $10/share and then buy 200 shares of XYZ on 1/3/98 for $8/share. I then sell the 300 shares of XYZ for $4/share on 5/8/98. Can I deduct the loss on the 1/3/98 purchase or does the wash sale apply?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next