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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Gerard who wrote (326)12/7/1997 1:42:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Yes. If you add the loss to the cost basis of the new shares and hold them past 1/1/98 then sell them in 1998, you are essentially carrying the tax loss forward one year. The IRS doesn't take away your loss, just makes you delay taking it.