Posted On: 12/31/2015 12:35:21 PM
Post# of 430
$MDRM
Could tax loss selling season be over ?
Symbol
MDRM
Last
0.042
Change
+0.008 (+23.53%)
Bid
0.04
Ask
0.045
High
0.042
Low
0.035
Volume
128,000
Time (ET)
11:38:34 AM
If people sold to harvest their tax loss more than 30 days ago,
they could begin restoring their sold position now already . As
per the rules that you cannot buy back the sold shares for 30
days.
REFERENCE :
Thus, on Schedule D of the 1040 tax form, the loss will be disallowed if the same or substantially identical asset is purchased within 30 days. This is called the "wash-sale rule."
Read more: Tax-Loss Harvesting: Reduce Investment Losses | Investopedia http://www.investopedia.com/articles/taxes/08...z3vvAlqWFS
Follow us: Investopedia on Facebook
http://www.investopedia.com/articles/taxes/08...esting.asp
http://www.investopedia.com/terms/t/taxgainlo...esting.asp
https://www.fidelity.com/viewpoints/personal-...harvesting
Until2017
Could tax loss selling season be over ?
Symbol
MDRM
Last
0.042
Change
+0.008 (+23.53%)
Bid
0.04
Ask
0.045
High
0.042
Low
0.035
Volume
128,000
Time (ET)
11:38:34 AM
If people sold to harvest their tax loss more than 30 days ago,
they could begin restoring their sold position now already . As
per the rules that you cannot buy back the sold shares for 30
days.
REFERENCE :
Thus, on Schedule D of the 1040 tax form, the loss will be disallowed if the same or substantially identical asset is purchased within 30 days. This is called the "wash-sale rule."
Read more: Tax-Loss Harvesting: Reduce Investment Losses | Investopedia http://www.investopedia.com/articles/taxes/08...z3vvAlqWFS
Follow us: Investopedia on Facebook
http://www.investopedia.com/articles/taxes/08...esting.asp
http://www.investopedia.com/terms/t/taxgainlo...esting.asp
https://www.fidelity.com/viewpoints/personal-...harvesting
Until2017
(0)
(0)
