The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: IRA question||Date: 6/11/2003 11:43 AM|
|Author: JAFO31||Number: 65781 of 121095|
<<<<There was a controversy about avoiding the wash sale rules by selling stock outside of a retirement account at a loss and then repurchasing the same stock within 30 days in an IRA. IRS recently published a regulation prohibiting such transactions to avoid the wash sale rules.>>>>
To the OP - do you have a citation handy, perchance, especially if URL? That was always the position I argued but I did not realize that a reg. had been published.
"What if husband sells in his tax stock account. Then wife buys same stock in Roth account?
I believe so, IIRC. The FAQ has a good discussion about wash sales, and Kaye Thomas www.fairmark.com also has a good discussion, too.
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