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URL:  http://boards.fool.com/vkg-quotthe-revenue-ruling-makes-it-clear-that-28925430.aspx

Subject:  Re: IRS Wash Sale Rule Date:  11/30/2010  9:24 PM
Author:  JAFO31 Number:  111549 of 121219

vkg: "The Revenue Ruling makes it clear that it the wash sale is one-way. When a wash sale crosses the boundary of a retirement account, the loss can never be used as a tax deduction."

But can it establish basis in the IRA? It has been awhile since I have read the Revenue Ruling.

Regards, JAFO
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