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Re: MindlessSelf post# 21913

Thursday, 12/24/2020 12:58:24 AM

Thursday, December 24, 2020 12:58:24 AM

Post# of 36016
Wow, I am a surprised you came back so quickly, MS. Thought you were going to wait until the Humbug crypto season passed, maybe wait 30 days so that it would not be a wash sale. As it is, I would think that it would be a wash sale, so you may not have anything to declare, except that you have to factor in the reduction of your cost basis for when do you eventually sell, but...

Obviously consult your own tax advisor or software or whatever. You have a few months to figure it out.

Me, I am allergic to wash sales in taxable accounts, although I may have one with Palantir tomorrow, and if not tomorrow, maybe New Year’s Eve. We shall see. Me and my cash covered puts, and covered calls. Trying to get 5% out of one stock every week (versus 5% every six months with Cred; what a “reward not worth the risk” fool I was!). Sorry about ticker name dropping. G-man did it, so...

: - )

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

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