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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: ptanner who wrote (91905)2/7/2000 4:46:00 PM
From: Hans de Vries  Read Replies (1) | Respond to of 1578304
 
PT. Thank you so much for your answer on the Capital gain tax!

regards.

Hans



To: ptanner who wrote (91905)2/7/2000 5:53:00 PM
From: brushwud  Read Replies (2) | Respond to of 1578304
 
you cannot re-enter the same position (stock) within 30 days or it is a "wash sale."

Oh, you can re-enter all right (there's no revenuer to stop you at the trading desk). You just can't take a capital loss if you re-enter the same position. The IRS will not complain if you take a capital gain.


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