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Message: Re: Screwed Up My Taxes With SGR
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Jun 01, 2010 06:13PM
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Jun 01, 2010 06:33PM
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Jun 01, 2010 06:40PM
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Jun 01, 2010 07:45PM
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Jun 01, 2010 08:28PM
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Jun 02, 2010 12:37AM

I agree with Jeff, it may not be the letter of the law, however as long as every sale is matched up with a purchase I do not think you will ever be challenged on the issue. The intent of the rule is to stop people from selling at tax time and then repurchasing the shares the same day. In your case you did the opposite, you bought and then sold. Just keep your receipts. You are not avoiding taxes as you will end up paying them sooner or later.

PS

Free advise is worth about as much as you pay for it.

3
Jun 02, 2010 09:44AM
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