InvestorsHub Logo

harpdog

04/03/07 6:59 PM

#4392 RE: al44 #4391

thanks, al.....
anyone else that might have some positive spin to help me i'd appreciate it- thanks!
harpdog

lucky, mydog

04/03/07 7:28 PM

#4394 RE: al44 #4391

it's actually called the 30 day wash rule. under the wash sale rules, if you sell stock for a loss and buy it back within the 30-day period before or after the loss-sale date, the loss cannot be immediately claimed for tax purposes.