InvestorsHub Logo
Followers 1
Posts 18
Boards Moderated 0
Alias Born 01/05/2007

Re: PayDirt! post# 49270

Wednesday, 06/13/2007 9:20:15 PM

Wednesday, June 13, 2007 9:20:15 PM

Post# of 143047
Capital Gains Tax question,

What if you sold at .0008 and bought back in for the total sale amount at .0005, to only increase your shares in less than a month. Is that considered a wash, and what tax implications are there?

Thanks

Ponyup