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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: GO*QCOM who wrote (50008)11/15/1999 10:21:00 AM
From: Cooters  Respond to of 152472
 
<<One question though.If you sell and buy back the same stock in a short period of time would that not be considered a "wash" and not trigger a taxable event.>>

That is only if you sell at a loss.

Cooters



To: GO*QCOM who wrote (50008)11/15/1999 10:22:00 AM
From: Bux  Read Replies (2) | Respond to of 152472
 
"If you sell and buy back the same stock in a short period of time would that not be considered a "wash" and not trigger a taxable event.


That would be a new one to me.

Bux



To: GO*QCOM who wrote (50008)11/15/1999 10:39:00 AM
From: Dooker  Respond to of 152472
 
"Sells" have to be associated with previous " buys", and the new buy is open for the future.