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IntelliCell BioSciences, Inc. Message Board

snoslider7 2 posts  |  Last Activity: May 21, 2014 2:36 AM Member since: Aug 27, 2010
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  • snoslider7 by snoslider7 May 21, 2014 2:36 AM Flag

    Curious how long will the IND take?

  • Reply to

    Wash Sales

    by kylesolberg80 May 12, 2014 4:16 PM
    snoslider7 snoslider7 May 12, 2014 5:24 PM Flag

    This is how i read the irs wash sale rule section.
    Yes this is fine
    but if you sell all your shares before the 31st of december and don't repurchase for 30 days after in january. then you can claim that loss for that tax season. But if you buy in those 30 days after the 31st then those losses cant be claimed till the next tax season. Unless you do the same then it continues.
    This is my interpretation of what is written on irs website.
    Any feedback or better explanation is welcome

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