The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Quick Question TMFexRO||Date: 12/20/2000 12:29 PM|
|Author: wallstreetplayer||Number: 43166 of 122656|
I bought AAA at 49 on Dec. 9th. Sold at 45 this morning.
I Want to know if I buy them back now at 39 I am subject to the wash rule, so how do I show the loss on my purchase on Dec. 9th?
I am assuming I use the loss from Dec. 9th trade and average it into my basis of the new shares I purchase today.
Thanks a million!
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|