Tax Loss Washed in an IRA Question

[stinkyfelix]

Here are some examples for a tax guru....

1. Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks before, 500 shares of SPY in IRA.

2.Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks after, 5 at the money call contracts on SPY in IRA.

3.Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks after, 5 at the money put contracts on SPY in IRA.

4.Sold at a loss 500 share of SPY in a taxable account.
Bought large cap mutual fund of comparable position size.

My guess is...

1. disallowed
2. disallowed
3. ok
4. maybe?

Anybody else want to chime in?

 

[nravo]

Quote from stinkyfelix:

Here are some examples for a tax guru....

1. Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks before, 500 shares of SPY in IRA.

2.Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks after, 5 at the money call contracts on SPY in IRA.

3.Sold at a loss 500 share of SPY in a taxable account.
Bought 2 weeks after, 5 at the money put contracts on SPY in IRA.

4.Sold at a loss 500 share of SPY in a taxable account.
Bought large cap mutual fund of comparable position size.

My guess is...

1. disallowed
2. disallowed
3. ok
4. maybe?

Anybody else want to chime in?

Agree with 1 and 2

With 3 I am not sure why he would BUY puts but if he did, and didn't sell puts on the SPY, that also seems like the answer is correct; it would be allowed.

I disagree with the maybe in 4, though. Does this tax guru have a IRC cite?