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Author: edcosoft Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121592  
Subject: Re: Wash sale question, again Date: 12/29/2000 12:01 PM
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My situation is this, I bought some shares say Nov 5 and again on Dec 5. By Dec
28, I've incurred a loss so far so I sell my whole position that day and not buy into
it again maybe sometime in February of next year. Would I have a wash sale
scenario since my purchase on Dec 5 is within the 30 day loss sale window?


No. If you retain no position in the stock 31 days after the loss sale, there is no wash
sale.

TMF ExRO
Phil Marti </b<

Actually you technically did create a wash sale but you immediately sold the adjusted position which isn't a wash sale because you didn't retain a position after that sale. Phil's right, don't bother with it as there are no tax consequences. ed
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