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To: Charles Skeen who wrote (42008)12/11/1997 6:22:00 PM
From: Sowbug  Respond to of 186894
 
Thanks very much for your post, Charles.

So I guess my hypothetical basis would be (81-75) + 70 or 76. Fine with me.



To: Charles Skeen who wrote (42008)12/29/1997 10:58:00 AM
From: Bob Myers  Read Replies (2) | Respond to of 186894
 
Charles, you don't know me but I was lurking around trying to find someone who could answer a tax loss related question for me, so here goes.
I bought a stock in my IRA account on 12/4/97. In another non IRA account I own the same stock which I suddenly would like to sell for a tax loss. Does the fact that these are different unrelated accounts make this a doeable transaction?
I appreciate your reply if you can.

Regards,
Bob Myers