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Technology Stocks : BMC Software -- Ignore unavailable to you. Want to Upgrade?

To: deeno who wrote (1335)	7/26/2000 8:55:11 PM
From: Nutty Buddy	Read Replies (1) \| Respond to of 1492

Wash Rule - It seems logical to me that if I were to sell my BMCS at a loss and repurchase shares in my IRA, the wash sales rule would not apply. Lets say I do so and in a year I regain my loss and then some. If I then sell, the gain is in the IRA, which is not taxable until withdrawn at retirement and at that point it is all considered IRA Distribution income, not capital gains. How could that be considered or computed as a wash? The reason I asked was I looked for the answer at the IRS website and could not find this specific issue addressed. I did not desire to call the IRS and be told I would get a call back in a week or two by an IRS agent...oops I mean representative...with the answer. IMO many investors would use this strategy and thought SI would be a good place to check. As for my tax man, that would be me. ;) Thanks Deeno and Vibaby. Buddy