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Author: smfish Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121774  
Subject: wash sale Date: 2/21/2000 6:41 PM
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To any tax gurus out there!

Perhaps you can check my calculations on the Wash Sale (I hope, my first and last wash sale). I purchased stock at various times in 1999, for a total of 230 shares at a total cost of $23,272.74. On 09-20-99, I sold 230 shares for $19,057.99, for a $4,214.76 loss. Bought back 100 shares on 09-22-99 for $9,044.50. one hundred shares of two hundred thirty shares is .443%, so .566% of 4214.76 (loss) is $2,385.55, which I guess is my loss? Remainder of the loss, 4,214.76 minus 2,385.55 is $1,829.21, which I guess is added to the cost of 100 shares, $1,829.21 + 9,044.50 = 10,873.71, for my new cost basis on 100 shares.

I would appreciate any help you can give me. Thanks
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