The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Quick Question TMFexRO Date:  12/20/2000  12:29 PM
Author:  wallstreetplayer Number:  43166 of 127985

I bought AAA at 49 on Dec. 9th. Sold at 45 this morning.

I Want to know if I buy them back now at 39 I am subject to the wash rule, so how do I show the loss on my purchase on Dec. 9th?

I am assuming I use the loss from Dec. 9th trade and average it into my basis of the new shares I purchase today.


Thanks a million!

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us