News Focus
News Focus
Followers 9
Posts 2098
Boards Moderated 0
Alias Born 01/30/2005

Re: qlt post# 388

Wednesday, 08/30/2006 11:55:47 AM

Wednesday, August 30, 2006 11:55:47 AM

Post# of 8215
OT - buy back within 30 days ...

That is if you are claiming a loss for tax purposes. You can not sell for a loss and claim the loss on your tax return if you buy back, within 30 days, the same or similar security . It is known as the "Wash" rule .



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today