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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Tom Lane who wrote (542)11/1/1998 3:01:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 1383
 
Tom, Can I avoid the wash sale rule by electing to mark-to-market?
Yes...

I can't believe someone with thousands of trades a year actually
tracks wash sales. Nor do I imagine they take 30 days off at the end
of every year.

I can't believe that someone with a half-way decent automobile actually drives under the posted speed limits on the highways.

Colin