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I got a tax question that has not been answered on this list as yet. When
day trading stocks for small moves in the same security does the wash rule
prevent you from off setting gains with losses?
Robert
At 06:36 PM 4/14/1999 -0700, Carroll Slemaker wrote:
>Because of some tax questions which appeared on this list recently, I
>thought the following might be of some interest.
>
>I just discovered that Ted Tesser has a new book out - it's not yet in the
>bookstores, not even Trader's Press. It's titled "The Trader's Solution"
>and can be purchased at (800) 556-9829, Tesser's business number.
>
>For those not familiar with Ted Tesser, he's an accountant AND trader and
>specializes in tax issues relating to investors and traders. This is his
>fourth book on tax strategies and procedures for investors and, especially,
>traders. I've ordered the book to learn more about the tax-law changes,
>apparently very important ones, which affect traders and which were adopted
>in 1997 and 1998.
>
>Carroll S.
>
>
>
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