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Financial Planning / Tax Strategies


Subject:  Re: Wash Sale Losses Date:  9/24/2001  3:45 AM
Author:  ptheland Number:  54181 of 127747

I know that you cannot take a tax deduction for a stock loss if the same stock was purchased within 30 days of the sale. Does this also apply if the stock was sold within a taxable brokerage account but repurchased within an IRA Account?

Short answer: we don't know for certain.

Long answer: Type "wash sale IRA" into the search box, grab a cup of java (or joe - your choice), and read the accumulated discussions. Many of the posts will be from 1999 and 2000. They are still relevant, as no further guidance has been issued AFAIK.

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