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Old 02-12-2004, 06:53 AM
Phil Marti
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Default Re: wash sales

vjnirai[at]yahoo.com (vjnirai) writes:

- quote -

> I sold my company shares for a loss on 5/16/03. On 5/25/03 I
> excersized some of my company options and sold it right
> away. Would my 5/16/03 sale considered as a wash sale ?


Yes, up to the number of shares "replaced" on 5/25.

Phil Marti
Topeka, KS

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Old 02-12-2004, 06:34 AM
Barry Margolin
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Default Re: wash sales

vjnirai[at]yahoo.com (vjnirai) wrote:

- quote -

> I sold my company shares for a loss on 5/16/03. On 5/25/03 I
> excersized some of my company options and sold it right
> away. Would my 5/16/03 sale considered as a wash sale ?


Yes. However, if you sold all your shares, so you had no
shares in the company after exercising and selling, then the
wash sale rule has no effect and you can ignore it.

--
Barry Margolin, barmar[at]alum.mit.edu
Arlington, MA

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  #-1  
Old 02-11-2004, 12:22 PM
vjnirai
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Default wash sales

I sold my company shares for a loss on 5/16/03. On 5/25/03 I
excersized some of my company options and sold it right
away. Would my 5/16/03 sale considered as a wash sale ?

thanks.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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