Quote:
Originally Posted by badcompany
http://www.sec.gov/answers/wash.htm
Wash Sales
Buy substantially identical stock or securities,
Acquire substantially identical stock or securities in a fully taxable trade, or
Acquire a contract or option to buy substantially identical stock or securities.
|
By
substantially identical, would that be on the order of selling AAPL for a loss, but immediately buying MSFT or some similar tech stock?