InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,068.46
(
-0.27%
)
Post# of 91007
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Pennyboy20

Send PM Follow Ignore
Followers 16
Posts 5546
Boards Moderated 1
Alias Born 04/21/2014

Pennyboy20

Re: Sal70 post# 80710

Monday, 11/03/2014 8:47:58 AM

Monday, November 03, 2014 8:47:58 AM

Post# of 91007
True, you only take a gain or loss if you sell, with one exception. You can only take the loss if you don't buy more shares in a 30 day window. If you do, then the shares you buy back are considered a wash sale. If you buy less shares than you sold, then you can take the difference as a loss. Flip side...all sales that result in a gain must be recognized. :) Don't you love the IRS.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up