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Post# of 19309
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mouton29

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mouton29

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Re: n4807g post# 9838

Tuesday, 04/08/2008 3:59:48 PM

Tuesday, April 08, 2008 3:59:48 PM

Post# of 19309
<<I guess the Wash Rule is no concern for [master trader Cromagnon]. >>

Why should it be? The loss is not permanently disallowed, it effectively can be used to offset later gains on the stock. More significant from a tax standpoint is that you start a new holding period.
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