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Re: General Grievous post# 310

Monday, 08/17/2009 1:42:13 PM

Monday, August 17, 2009 1:42:13 PM

Post# of 585
This is what I was refering to..you have it under controle it seems..GL

Wash Sale Rules
The capital loss on a single investment transaction may be disallowed under the Wash Sale Rules.

If you buy the same stock within one month of selling that stock for a loss, your loss will be disallowed under the Wash Sale Rule. The loss is not gone forever, however. The disallowed is added to your cost basis in the new stock position.



I CAME,I PLAYED,AND I WILL TAKE SOME WITH ME!

Please do NOT buy or sell on anything I have to say.It is all just my opinion.

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