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URL:  http://boards.fool.com/wash-sales-iras-14540173.aspx

Subject:  Wash sales & IRAs Date:  3/13/2001  6:31 PM
Author:  JackPoint Number:  48337 of 121335

This may be a dumb question, but...

If I sell 100 shares of FOOL (at a loss) in my brokerage account, and on the same day I buy 100 shares of FOOL in an IRA, is that considered a wash sale?

I'm assuming it doesn't, since the IRA is in its own tax-deferred universe, but I'd kinda like some backup...

Thanks!
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