On Wed, Dec 18, 2024 at 8:16 AM Stan Brown (using GC 4.14) <
stan...@fastmail.fm> wrote:
> On 2024-12-17 16:14, R Losey wrote:
>
> > Did I correctly change the cost basis by what I did? Or is there some
> > other way?
> Sorry, I didn't reply on that point because I'm not 100% sure. It looks
> plau
On 2024-12-17 16:14, R Losey wrote:
> Did I correctly change the cost basis by what I did? Or is there some
> other way?
Sorry, I didn't reply on that point because I'm not 100% sure. It looks
plausible to me, for what that's worth.
(I do all the detail stuff for investments in a fairly elaborate
Thanks. In reality, I used easy numbers and I should have changed it to
selling 50 and buying 100 instead of the other way around.
Did I correctly change the cost basis by what I did? Or is there some other
way?
Thanks
On Tue, Dec 17, 2024 at 2:40 PM Stan Brown (using GC 4.14) <
stan...@fastma
On 2024-12-17 10:43, R Losey wrote:
> So, early this year, I (unwittingly) did a wash sale. I have heard of wash
> sales before, but I had made an invalid assumption.
You have my sympathy. The wash-sale rules are annoyingly complex, and
IMHO the tax money the Treasury gets doesn't justify the reco
So, early this year, I (unwittingly) did a wash sale. I have heard of wash
sales before, but I had made an invalid assumption.
In case anyone else doesn't know, in the US, if you sell a stock for a
loss, and repurchase it within 30 days, you are not allowed to claim the
capital loss. This is calle
