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

To: GBT who wrote (840)	4/20/1999 4:19:00 PM
From: Harold	Read Replies (1) \| Respond to of 1383

Now I am confused. Example: Bought 1000 shares of XYX stock January 1st 1998 Sold .............. March 21st 1999 <$10,000> Bought .............. April 22nd 1999 Sold ................ April 30rd 1999 +$7000 Should I not be able to claim the $10,000 as a loss toward all my Capital gains at the end of 1999? Is this not the reason for the 30 days wait? I would appreciate if you could clear this up for me. I certainly appreciate your time and effort. Harold