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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: John J H Kim who wrote (371)1/2/1998 3:35:00 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 5810
 
if you bought 100 shares at 20 and sold for a loss, but then bought 100 and made a profit.... you roll the first 100 into the second, changing your total basis....

if the second set of shares was less than the first set of shares....you can only roll the same number of shares from the first into the second... any left over...are a complete wash.

Joel