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TLH

Posted: Fri May 13, 2016 9:56 am
by Detroittl
If you sold an equity on April 11th 2016 when can you rebuy it and avoid a wash sale?

Re: TLH

Posted: Fri May 13, 2016 10:00 am
by mcraepat9
If you sold it at a loss and want to buy it back (or any other "substantially identical" security), to avoid a wash sale you would need to wait 31 days after 4/11/16.

Re: TLH

Posted: Fri May 13, 2016 10:27 am
by livesoft
It depends on whether you sold it for a loss or not.
http://www.timeanddate.com/date/dateadd ... ad=31&rec=
April 11 is day 0.
April 12 is day 1.
...
You can buy it AFTER 30 days. You cannot buy ON day 30.

Re: TLH

Posted: Fri May 13, 2016 10:28 am
by Detroittl
So you can buy on the 31st day?

Re: TLH

Posted: Fri May 13, 2016 10:37 am
by mcraepat9
Yes you can buy on day 31