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


To: James Unterburger who wrote (733)3/8/1998 9:29:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 5810
 
Someone just informed me that shorting against the box is now illegal...

can someone give me a specific tax code on this
or do you have any knowledge..



To: James Unterburger who wrote (733)3/8/1998 11:50:00 PM
From: Colin Cody  Respond to of 5810
 
James, IMO, if you meet the qualifications you stated for this "rule", -- it would be preferable to IGNORE the wash sale calculations altogether. ...to much chance for errors to go through those calculations!!!
.
Colin



To: James Unterburger who wrote (733)3/9/1998 12:21:00 AM
From: Box-By-The-Riviera™  Respond to of 5810
 
I think your logic is great...in fact fantastic.... just wanted to test it on Colin....

Joel