Biotech Values

[biomaven0]

>>constructive receipt

Hard for me to see this as constructive receipt. You are being forced to give up your shares, and so delaying this transaction for as long as you can has a reasonable possible purpose aside from the tax issue. Constructive receipt is more like you have the check in hand but simply delay depositing it - there remains no doubt at all that the underlying transaction has been consummated.

As for the wash rule between a taxable account and an IRA, this is a good discussion of the consequences - basically you can lose your basis in those shares in the IRA:

http://www.investopedia.com/articles/retirement/09/ira-wash-sale-rule.asp


Peter