|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Financial Planning / Tax Strategies |
||
|
URL:
http://boards.fool.com/im-surprised-weve-never-seen-a-reported-case-11577296.aspx
|
||
| Subject: Re: Wash sales between taxable and tax-deferred | Date: 11/27/1999 7:41 AM | |
| Author: elibortPrairiela | Number: 21842 of 118626 | |
|
I'm surprised we've never seen a reported case directly on point. The statute (Int. Rev. Code sec. 1092) says that if 'the taxpayer has acquired' the same stock that he's claiming a loss on, then he gets no deduction.... There's nothing in the statute that includes Jack's notion the the acquisition has to be in a taxable account. I think the wash sale rule applies. |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||