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Financial Planning / Tax Strategies


Subject:  Wash or Loss? Date:  2/15/1999  1:53 PM
Author:  sepac Number:  10252 of 127616

Had 0 (zero) shares of L on 8/23/98
Bought 2500 L for $10000 on 8/24/98
Bought 2500 L for $8300 on 8/25/98
Sold 2500 L for $8500 on 11/3/98
Bought 1000 L for $2800 on 11/4/98
Sold 3500 L for $10700 on 11/18/98
Thus leaving me with 0 (zero) shares of L. I have not taken any position in L since the 11/18/98 sell.

Overall I have a $1900 loss here. Can I take the entire loss or is part of it a wash?

How do I report it on Sch. D?
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