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

To: Harold who wrote (833)4/20/1999 12:04:00 PM
From: Nandu  Read Replies (1) | Respond to of 1383
 
Apr 21.



To: Harold who wrote (833)4/20/1999 12:14:00 PM
From: Gorak Shep  Read Replies (1) | Respond to of 1383
 
Harold, Apr 21 is the last day included in the wash period. You cannot buy it back until Apr 22 to avoid a wash sale.

The wash period includes the 30 calendar days after the day you sold as well as the 30 days before.



To: Harold who wrote (833)4/20/1999 2:07:00 PM
From: GBT  Read Replies (1) | Respond to of 1383
 
This has not been said yet, but it may be implied. If you buy the stock back within a 30
day period but close out your new position within the current tax year there would be no
difference in your tax status other than the losses would be associated with your new
position.

fairmark.com


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