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re: Can reductions in capital gains taxes cause capital flight?
Posted on 10/17/08 at 11:21 am to simonizer
Posted on 10/17/08 at 11:21 am to simonizer
yea, I got that part of it, but I'm trying to figure out my new cost basis and what to do at this point in terms of buying or selling the stock again...i actually want to buy some more of it but trying to decide if want to due to the imposed cost basis
1
Posted on 10/17/08 at 11:29 am to Zilla
i'm afraid i dont understand your question then. any loss disallowed due to a wash sale is added to your cost basis of the stock you re-buy.
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