@M-MTax wrote:
If you're buying after a loss, it's 31 days after the sale (that produced a loss) to repurchase.
Do you know if you include the date of the sale or if the start date is the day after the sale? That really isn't precisely specified anywhere in the Code or Regs that I can find (just not within "30 days"), but I include the day of the sale and every other example and hypo seems to do the same.
The code says:
"In the case of any loss claimed to have been sustained from any sale or other disposition of shares of stock or securities where it appears that, within a period beginning 30 days before the date of such sale or disposition and ending 30 days after such date..."
"ending 30 days after such date" would mean that the date of the sale is day zero. Then you count 30 days from the date of the sale. That's the blackout period. 31 days after the date of the sale (not counting the date of the sale) is when it is allowed to buy again.
So in effect, the entire black out period is 61 days; 30 days before, then the day of, then 30 days after.
