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Kpooch

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Kpooch

Re: efood125 post# 58581

Monday, 12/19/2016 6:57:26 PM

Monday, December 19, 2016 6:57:26 PM

Post# of 144823
yep it's called a wash sale. If you take a loss then you have to wait 30 days before you can buy it back or any other stock that is closely related to the sold stock otherwise it's considered a wash sale and you can't deduct the loss from taxes.

Happened to me when I sold a stock for a profit this year and a partial share I got from dividends was a 6 cents loss. So I can't claim that 6 cents.
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