The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Wash Sale Losses Date:  9/25/2001  1:43 PM
Author:  JAFO31 Number:  54213 of 124763

tacful: "Buying a stock within your IRA and selling an identical stock in a taxable account within 30 days has no bearing on the tax treatment of the sale. IRAs & taxable accounts are like apples & oranges. Wash sale rules pertain to buying & selling in taxable accounts only, not IRAs."

That issue is not as clear as tacful suggests. It has been discussed numerous times ont his board, and their is clearly a divided opinion among the resident.

I have even participated in the discussion (but I am not a residnet pro, more like an interested kibitizer).

Regards, JAFO

(I beleive that the search function only covers 6 months of posts these days, so the best search is probably to go back 2-3 years and collapse the threads and review by thread title)

Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us