The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/reinvesting-roth-liquidated-for-a-tax-loss-27252314.aspx

Subject:  Reinvesting Roth liquidated for a tax loss Date:  12/7/2008  4:40 PM
Author:  klwilbur2008 Number:  102822 of 123001

Hello,

I searched the forums and found many answers regarding this issue, but not the specific question I am posing.

Is there any regulation preventing me from reinvesting funds from liquidating Roth accounts in 2008 into NEW Roth accounts (albeit different funds to avoid "wash sale" rules) also in 2008? The liquidation was performed in order to claim a Schedule A tax loss for year 2008.

Background: I have two Vanguard Roth accounts (one under my name, one under my wife's name) that have lost a total of $3540 a