Amfil Technologies Inc (FUNN)

[Hitman1127]

Don’t wash your losses. Even if you got the shares back a little cheaper the tax burden would cancel(if not worse) any additional shares you’d be able to add. You’d have to wait 30 days to rebuy which is a big risk imo.

Hypothetically..... If you bought 100k @0.16 and sold @0.08 you’d be taking a loss of $8,000. If you rebought the same 100k before the 30 days those losses are washed. Then if if it runs to 0.16 again you’d be paying taxes on $8,000 of gains, or $3200 @40%. On the other hand if you simply held and the price went back to 0.16 you’d be even(no taxes) and closer to your 1 year mark, and the short term capital gains advantage. Shitty decision to have to make but seems like an easy one given what’s expected over the next 30 days.

GLTU