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To: Scott Moore who wrote (7421)	3/2/1998 9:26:00 AM
From: RealMuLan	Read Replies (1) \| Respond to of 9124

Off topic: Wash sale is only relevant on year to year basis. Within the same tax year, it does not make any difference in terms of your tax result as long as you sell the stock and don't buy it back in the first 31 days of the following year. The reason for this is because you can always add the loss in the next time basis. You never lost this loss unless you carry it into next year, which I am absolutely not going to do. The following post gives you an example. exchange2000.com Good luck.

To: Scott Moore who wrote (7421)	3/9/1998 4:46:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 9124

Off topic: Wash sale FYI: To: +Jeff Jordan (729 ) From: +James Unterburger Sunday, Mar 8 1998 12:51PM EST Reply # of 754 Re: wash sales The guy I talked to at the IRS (one of those call-backs; they call you after about three days) confirmed what I mentioned a while back in this thread: no need to report wash sales as such IF all related transactions occurred in the same tax year, and if no new position was initiated within 30 days of the new year. Wash sales are relevant only if the position into which the disallowed loss was added to basis is still open into the next tax year, or was opened in the next tax year within 30 days of the sale which becomes washed.