SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Kip518 who wrote (39456)12/28/2000 9:01:47 AM
From: Terry Whitman  Read Replies (1) | Respond to of 42787
 
I didn't realize the wash sale would apply to 30 days BEFORE also. Are you certain about that?

It would seem pretty difficult for the IRS to keep track of that type of thing since they aren't informed of BUYS, only sells.

BTW- My accountant told me that in 25 years in the tax bizness, he's never had the IRS audit any clients because of capital gains problems. He said it's too complicated for them to mess with. <g>



To: Kip518 who wrote (39456)12/28/2000 9:29:22 AM
From: Terry Whitman  Read Replies (1) | Respond to of 42787
 
You are correct according to this article. 30 days applies to before or after on a wash.
fool.com

Of course you could buy another VERY SIMILAR stock in the same sector. <g>

Thanks for the clarification.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News