Post #50 by bacon on the Tax Strategies board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

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A wash sale occurs only if there's a loss. If there's a profit, or a breakeven, there's no wash sale.

Given a loss on the sale, that loss isn't recognized as a capital loss for tax purposes if the same security or a substantially similar security is obtained within thirty days prior or subsequent to the date of sale.

What you've done in the more distant past doesn't matter; it's that 60-day interval that counts.

Eric Hines

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