S street carp Jan 1, 2008 #11 Quote from Tracy McGreedy: After the last loss, did u buy the stock back? More... No, it was just those two trades. First I gained, then I lost big a week later. I didn't buy it again.
Quote from Tracy McGreedy: After the last loss, did u buy the stock back? More... No, it was just those two trades. First I gained, then I lost big a week later. I didn't buy it again.
T Tracy McGreedy Jan 1, 2008 #12 Then u can deduct the loss, assuming you haven't bot it back within 31 days. Quote from street carp: No, it was just those two trades. First I gained, then I lost big a week later. I didn't buy it again. More...
Then u can deduct the loss, assuming you haven't bot it back within 31 days. Quote from street carp: No, it was just those two trades. First I gained, then I lost big a week later. I didn't buy it again. More...
T Tracy McGreedy Jan 1, 2008 #13 Even if you had bot it back within 31 days, u get "credit" for the loss by affecting the cost basis of ur new position.
Even if you had bot it back within 31 days, u get "credit" for the loss by affecting the cost basis of ur new position.
S street carp Jan 2, 2008 #14 Quote from Tracy McGreedy: Even if you had bot it back within 31 days, u get "credit" for the loss by affecting the cost basis of ur new position. More... That sounds good. I will feel better next year if I get trader status and use Mark-to-Market accounting with no concern for wash sales. Thanks Tracy. Street Carp
Quote from Tracy McGreedy: Even if you had bot it back within 31 days, u get "credit" for the loss by affecting the cost basis of ur new position. More... That sounds good. I will feel better next year if I get trader status and use Mark-to-Market accounting with no concern for wash sales. Thanks Tracy. Street Carp
