The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/vkg-is-correct-that-if-you-sold-shares-in-2000-17032939.aspx

Subject:  Re: Do I have a wash sale?? Date:  4/9/2002  1:16 PM
Author:  Crosenfield Number:  60131 of 121217

vkg is correct that if you sold shares in 2000, for example, you could have a loss carried forward.
However, the picture you painted is that there were no sales until 2001, and then you sold all the shares in one sale, and then did not buy more for the requisite 31 days.
In this case, you can forget about wash sales, the math is the same figuring it either way.
Best wishes, Chris
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us