About JamesV84

JamesV84 · ‎June 5, 2019

I sold stock at a loss thinking I could realize the capital loss and still keep the stock if I just repurchased it again. Then I learned that The Wash rule will not allow me to do that, even though I’ve already rebought the stock. Can I sell the stock again to buy a completely different stock and to realize my capital loss as well? Or is it too late since I already violated the Wash Rule?

JamesV84 · ‎February 12, 2019

I purchased units in an MLP in late 2018. Did not receive any distributions in 2018. Is it certain I don’t owe taxes or should I wait until March when the K1 comes out?

JamesV84 · ‎January 3, 2019

I overpaid one quarter of estimated taxes. However the following quarter taxes were low enough that the previous quarter’s overpayment would cover the next quarter’s taxes. Do I still have to make an estimated payment for that subsequent quarter even though the overpayment from the previous quarter would cover it? Thanks.

Is it possible to undo a wash sale?

Purchased MLP units late in the year but there wer...

If I overpay estimated payments for a quarter, wil...