| Author | Message | ||
Saint Legend Username: Saint Post Number: 74811 Registered: 01-2011 Posted From: 144.230.44.151 Rating: N/A |
consider the case of an investor who purchased 100 shares of Microsoft for $33, sold the shares at $30, and within 30 days bought 100 shares at $32. In this case, while the loss of $300 would be disallowed by the IRS because of the wash sale rule, it can be added to the $3,200 cost of the new purchase. The new cost basis therefore becomes $3,500 for the 100 shares that were purchased the second time, or $35 per share. Read more: Wash-Sale Rule https://www.investopedia.com/terms/w/washsalerule.asp#ixzz5C URTGmEv Follow us: Investopedia on Facebook good to know | ||
Aquarian Side Hero Username: Aquarian Post Number: 6651 Registered: 12-2012 Posted From: 192.156.247.6 Rating: N/A |
ittanti rule okati vuntadhi ani thelidhu eppudu vinaledhu kuda...tx file chesthe..dhimma thirigipoye figure vachindhi ...that i owe them. mooskuni katteyatamenaa?..ledha edhanna options vunnaya...bokka tagginchukodaniki..?  |