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Strategies & Market Trends
IRS, Tax related strategies--Traders

An SI Board Since June 1996

Posts	SubjectMarks	Bans
1383	160	0

Emcee:	Type: Unmoderated

Introduction Compact

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Reply	Message Preview	From	Recs	Posted
833	I sold a stock on March 22, 99 with a loss, now this stock is moving and I wan	Harold	-	4/20/1999
832	NO, see my prior reply. Message 8991121 As to what someone else said on televis	Colin Cody	-	4/19/1999
831	Colin - I need a clear answer. I know commissions are taken into account on	Nelson Chang	-	4/19/1999
830	>>>By this logic, if I bought 1000 shares of XYZ on Mar 2nd, sold it a	Nelson Chang	-	4/19/1999
829	Could anybody recommend a good "IRS" compatible software program to t	patchman	-	4/18/1999
828	>>I've always been more interested in abiding by the intent of the l	Spots	-	4/18/1999
827	You question points out why active traders elect Mark-to-Market if they qualify	Colin Cody	-	4/18/1999
826	<<The wash sale period for any sale at a loss consists of 61 days: the da	Nandu	-	4/18/1999
825	Yes there could be wash sales in your example, BUT PRACTICALLY SPEAKING if ever	Colin Cody	-	4/18/1999
824	A normal sales commission (or markup/markdown) for each buy or sell transaction	Colin Cody	-	4/18/1999
823	Thank you, Nelson, but what if... I trade stock XYZ 50 times during 1999 and s	William Ford	-	4/18/1999
822	Excellent response. You are right. If you hold the reestablished position int	Sword	-	4/18/1999
821	>>>The whole idea of wash sales is to prevent a trader from selling at	Nelson Chang	-	4/18/1999
820	I've always been more interested in abiding by the intent of the law than b	Sword	-	4/17/1999
819	True, Gorak, but would you really want to trigger that yourself? I don't r	Spots	-	4/17/1999
818	Gorak, I agree with your statements. Well put. I like the idea of attaching a	Sword	-	4/17/1999
817	<i>NONE of them qualify as wash sales if the position closes before Dec.	Gorak Shep	-	4/17/1999
816	No, no. You have left out one very important point! The whole idea of wash	Sword	-	4/17/1999
815	>>>The CPA on there said you can deduct all of your commissions on you	Nelson Chang	-	4/17/1999
814	>>>Hello, Can anyone point me to a simple, explanation of "Wash S	Nelson Chang	-	4/17/1999
813	Hello, Can anyone point me to a simple, explanation of "Wash Sales"?	William Ford	-	4/16/1999
812	One more question then I'm done with this years taxes. Datek sends out a 1	GBT	-	4/15/1999
811	<i>If you have carry over loss, does it have to be written off at 3,000 p	Gorak Shep	-	4/15/1999
810	I know the maximum capital gains loss write off is 3,000 per year. If you have	GBT	-	4/15/1999
809	An investor filing a personal U.S. tax return normally reports the capital los	Colin Cody	-	4/14/1999

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