W walter4 Oct 19, 2006 #21 Quote from crackedback: The wash sale is only for 30 days. If you don't trade from Dec. 15 to Jan 14 an equity you had a loss from on Dec 15 trade, wash sale doesn't apply. Cracked....... CPA More... I read it was 30 days after and 30 days prior(?) So in this example: buy a stock before Nov 15, stop trading for 30 days sell Dec 15 for a loss, do not trade for another 30 days (?) Can anyone confirm this?
Quote from crackedback: The wash sale is only for 30 days. If you don't trade from Dec. 15 to Jan 14 an equity you had a loss from on Dec 15 trade, wash sale doesn't apply. Cracked....... CPA More... I read it was 30 days after and 30 days prior(?) So in this example: buy a stock before Nov 15, stop trading for 30 days sell Dec 15 for a loss, do not trade for another 30 days (?) Can anyone confirm this?
V vlst Oct 19, 2006 #22 30 day window on both sides of each trade except for the first trade which has a one sided 30 day limit.
30 day window on both sides of each trade except for the first trade which has a one sided 30 day limit.
W walter4 Oct 19, 2006 #23 Quote from vlst: 30 day window on both sides of each trade except for the first trade which has a one sided 30 day limit. More... So, if you trade the stock for 11 straight months and then stop for 30 days in December -it won't change a thing- wash sale stays in place?
Quote from vlst: 30 day window on both sides of each trade except for the first trade which has a one sided 30 day limit. More... So, if you trade the stock for 11 straight months and then stop for 30 days in December -it won't change a thing- wash sale stays in place?
V vlst Oct 20, 2006 #24 That's how I understand it. See page 56 on pub550 attached (2004 version). Attachments p550.pdf p550.pdf 553.3 KB · Views: 61
