SecondAttempt
Thinks s/he gets paid by the post
I think I know the answer to my question but wanted to confirm with the smart folks here.
I mentioned that I have some pretty big losses in POTX but am thinking of buying more. If I sell POTX in my taxable portfolio to generate a tax loss and buy it back the same day in my IRA does this violate the wash sale rule?
I think it does not but please correct me if I am wrong.
I mentioned that I have some pretty big losses in POTX but am thinking of buying more. If I sell POTX in my taxable portfolio to generate a tax loss and buy it back the same day in my IRA does this violate the wash sale rule?
I think it does not but please correct me if I am wrong.