beginners corner
Tag Archives: Wash Sale

What Are Wash Sales And Wash Trading? Are They The Same?

Covered call writing and put-selling involve the buying and selling of stocks and options. When executed in non-sheltered accounts, taxable events are created. Since the BCI community is populated with savvy investors, the topic of wash sales has come up frequently and some have used the term wash trading interchangeably with wash sales. This article will discuss […]

18 Comments Continue Reading →

Tax Information by Guest Author Owen Sargent, CPA

Tax Time Is Upon Us First, I strongly urge all BCI members to download IRS Publication 550, Investment Income and Expenses, from the Internal Revenue Service website, at:  http://www.irs.gov/pub/irs-pdf/p550.pdf. You will recognize much of the following information when you read it. The page references below refer to the page in the 2009 Publication 550. Throughout […]

47 Comments Continue Reading →