chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
For the most part, I am holding my investment positions in the stock market (except for rebalancing).
I am intending to sell enough losers to take the cap loss against my personal income tax for this year (it is good for a small amount).
Early next year I might do the same for 2009.
Anyone familiar with the wash rule? Does it apply if I sell securities in a taxable account and buy them in a tax sheltered account?
I am intending to sell enough losers to take the cap loss against my personal income tax for this year (it is good for a small amount).
Early next year I might do the same for 2009.
Anyone familiar with the wash rule? Does it apply if I sell securities in a taxable account and buy them in a tax sheltered account?