SUZANNE PURCHASED 1,500 SHARES OF XYZ STOCK ON JANUARY 4,2016, SHE SOLD THE STOCK AT A...
SUZANNE PURCHASED 1,500 SHARES OF XYZ STOCK ON JANUARY 4,2016, SHE SOLD THE STOCK AT A LOSS ON APRIL 19,2018. IF SUZANNE PURCHASED ADDITIONAL SHARES OF XYZ STOCK ON WHAT DATE THAT SHE WOULDN'T BE SUBJESCT TO THE WASH OUT
Homework Answers
Wash sale is applicable if the purchase is done within 30 days of sale.
So sale date April 19, 2018. And if we add 30 days, then the first date when purchase can be done with out wash out being evoked is May 20, 2018
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SUZANNE PURCHASED 1,500 SHARES OF XYZ STOCK ON JANUARY 4,2016,
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