Wash sale rules

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Unregistered

    #1

    Wash sale rules

    If a stock is purchased and sold within a 30 day period for a loss, but no other purchases of the same stock have been made 30 days before or 30 days after the sale is that considered a wash sale or is that transaction not subject to the wash sale rules?
  • DTS
    Senior Member
    • Jun 2005
    • 1852

    #2
    Wash Sale

    As you stated, this is not a wash sale. Just S/T loss.

    Dennis

    Comment

    • Brian EA
      Senior Member
      • Dec 2005
      • 786

      #3
      Now, wait a minute. You bought the stock once and then sold it. There is no transactions of the same stock within 30 days before or with in 30 days after. It is not a wash sale It is a regular transaction. Just put it on sch D
      Everybody should pay his income tax with a smile. I tried it, but they wanted cash

      Comment

      Working...