Posted On: 12/30/2015 4:04:05 PM
Post# of 41414
Question about 2015 taxes!
I've got PP share as well as liquid shares.
With my liquid shares on the open market I'm at a decent loss. Can I dump all my shares tomorrow (12/31), take the tax loss for 2015, then on Jan 3rd, 2016 repurchase shares?
Will I get a tax credit on my 2015 taxes if I were to do this?
Thanks in advance.
I've got PP share as well as liquid shares.
With my liquid shares on the open market I'm at a decent loss. Can I dump all my shares tomorrow (12/31), take the tax loss for 2015, then on Jan 3rd, 2016 repurchase shares?
Will I get a tax credit on my 2015 taxes if I were to do this?
Thanks in advance.
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