Charge Enterprises Inc (fka CRGEQ)

[SchlumpyStock-Picker]

You can Rollover Capital Gains from publicly traded securities.

If you sell stocks and take a gain, you can pay a maximum of 28% or if you buy another security (stock) within 60 days you can rollover the capital gains into that stock. (see http://www.irs.gov/pub/irs-pdf/p550.pdf).

There are also rules concerning “Washed Sales”. Example: you buy then sell 100 shares of stock (xyz) at a loss, then you buy 100 shares of xyz again within 60 days and then sell it for a gain. You can not take the loss on the first transaction, you need to offset the gain in the second by the amount of the loss in the first.

If you are not educated on tax accounting, do yourself a favor and get a good accountant. Not just one of these HR Block guys.

Good luck with your taxes.