Wednesday, August 30, 2006 11:39:34 AM
Thanks for that link - it has all the information we need. Hopefully you are right and I am wrong, but from reading it so far, I'm starting to think it gets even more complicated than even I stated.
Why do you think you can carry those losses over? Are you of the belief that they can be carried even if you buy back within the 30 day period? If so, that would be WONDERFUL - just carry them to the next year - no big problem. My accountant did not go into detail, just told me not to buy back within 30 days.
Obviously, I have not read the whole thing yet. If there is a page that states this, please direct me to it. I am going to print the pages, read it, and then put them with my tax stuff.
Thanks again - a VERY HELPFUL link.
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