On Mar 16, 5:17 pm, garagecapital <garagecapi...[at]gmail.com> wrote:

- quote -

If all happenned in the same year, then yes $3000 loss and $500 gain
is fine. But technically, the first one is $0 loss (all loss
disallowed because of 100 shares but $3000 disallowed loss carried
over to next trade), and the next one is $2500 loss ($500 gain but
subtract the carried over loss of $3000).

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"garagecapital" <garagecapital[at]gmail.com> wrote
- quote -



As long as you don't hold AAPL, there's no wash sale to worry about.



You've sold them all and will account for all gains or losses on one tax
return.




--
Paul A. Thomas, CPA
Athens, Georgia

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I'm trying to find out of I screwed myself here: I bought 100 shares
of AAPL at 160 and sell it, three months later, at 130 -- a 3,000
loss. But the same day -- don't ask why -- I bought a single stock
futures -- 1 Long AAPL, which I later sold at a 500 profit. Do I have
a 3,000 short-term loss and a $500 short-term gain. Or not?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >