Wash sale and 30 days

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loklav
Posts: 104
Joined: Fri Nov 10, 2017 11:39 pm

Wash sale and 30 days

Post by loklav » Thu Nov 01, 2018 10:40 pm

Hi all,

I want to TLH some of my VTSAX stocks. The last dividends were paid the 10/30. So If I TLH tomorrow, 11/02, I suppose I'm all good, am I right?

Thanks

MotoTrojan
Posts: 2643
Joined: Wed Feb 01, 2017 8:39 pm

Re: Wash sale and 30 days

Post by MotoTrojan » Thu Nov 01, 2018 10:46 pm

loklav wrote:
Thu Nov 01, 2018 10:40 pm
Hi all,

I want to TLH some of my VTSAX stocks. The last dividends were paid the 10/30. So If I TLH tomorrow, 11/02, I suppose I'm all good, am I right?

Thanks
10/30 was this week so I think you have your dates wrong, but assuming those dividends were also a loss and were sold too, then the wash sale rules do not matter. It only impacts replacement shares that remain after the sale.

Silk McCue
Posts: 1507
Joined: Thu Feb 25, 2016 7:11 pm

Re: Wash sale and 30 days

Post by Silk McCue » Thu Nov 01, 2018 10:47 pm

They were paid in September not October. In that case tomorrow is fine.

Cheers

loklav
Posts: 104
Joined: Fri Nov 10, 2017 11:39 pm

Re: Wash sale and 30 days

Post by loklav » Thu Nov 01, 2018 10:55 pm

yes sorry , dividends were reinvested 10/01 not 10/30.
And I own VTSAX in my rIRAs ... so I don't want to risk any wash sales for my first year playing with TLH.

loklav
Posts: 104
Joined: Fri Nov 10, 2017 11:39 pm

Re: Wash sale and 30 days

Post by loklav » Fri Nov 02, 2018 8:58 am

so is it still ok to TLH today (11/02) when the dividents were reinvested the 10/01 ?

Thanks

magicrat
Posts: 521
Joined: Sat Nov 29, 2014 7:04 pm

Re: Wash sale and 30 days

Post by magicrat » Fri Nov 02, 2018 9:09 am

loklav wrote:
Fri Nov 02, 2018 8:58 am
so is it still ok to TLH today (11/02) when the dividents were reinvested the 10/01 ?

Thanks
yes as long as there are not other replacement shares

livesoft
Posts: 63009
Joined: Thu Mar 01, 2007 8:00 pm

Re: Wash sale and 30 days

Post by livesoft » Fri Nov 02, 2018 10:31 am

I think it is a good idea to create wash sale in order to get the fear and anxiety out of your mind once and for all.
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