Replies to post #80464 on Santo Mining Corp (SANP)

[MarketMonkey]

Meow

[Redskins88]

Ok. The tax laws don't allow you to deduct loses if you buy back stock within 30 days. People generally don't file until end of January due to IRS efile not being ready until around 20th and 1099s and w2s not available. But YES as I stated the law it is correct. The IRS tax code doesn't always make sense.