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Author: Wradical Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Wash sale??? Date: 4/23/2014 1:20 PM
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about a year or two ago the IRS ruled that yes, it is.
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Seems kinda crappy as the adjustment in basis means nothing in the Roth because there is no Capital Gains tax consideration.

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True, but there's logic to the rule, as well. You owned 100sh. of XYZ Corp a month ago. Today you still do, but now it's in the IRA - or Roth, either way. You just flipped shares between accounts, and didn't actually, finally, realize a loss. And that's what the rule is designed to prevent.

Bill
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