zevo

GAWD we gotta finish ahead of the skins and dolphins also if we missed out on blackmon by one pick i would be pissed

That is the way I interpret it...Thanks

"For example, say you purchase 100 shares of XYZ for $25 per share on Feb. 10. Nine days later, on Feb. 19, XYZ drops to $22 per share and you sell your 100 shares. You have a capital loss of $3 per share, or $300, which may be tax-deductible. If on Feb. 26 you bought the same security for $22.50 per share, this would be considered a wash sale because you sold and repurchased shares of the same stock within only a few days. Without the wash sale rule, the result would be that you could possibly have a tax deduction for your loss, but you would still own the shares, which is why it's sometimes called an "artificial" loss. With the wash sale rule in place, the loss is deferred until the replacement shares are sold. In this example, that means your $300 loss would be added to your cost basis on the shares you repurchased on Feb. 26 to get an accurate capital gain/loss figure when you sell those shares." This is from my scottrade account regarding wash sales...... So basically if you re-purchase the same amount of shares that you sold within 30 days of selling, your losses just get added into the cost of the shares you repurchased. So basically by the end of the year, if you have no shares, then it should all be squared and my net loss that is shown should be accurate and able to be deducted.... This is what i am trying to confirm.....I apologize for my redundancy in any of this....I am not an accountant by any stretch..... but thanks for the replies.

ugggghhhhh......I usually use turbo tax to do my taxes but I may have to go seek a professional all because I thought it would be fun to dabble in trading biotech's.....lesson learned....all that I know is that my scottrade account has tallied a realized loss for the years at around 2,000$.....

its still very confusing....but I think that as long as you have zero shares (meaning you sold off any shares that would be considered "replacement shares") that your net loss is fully tax deductible. I think the problem comes in if you still own some shares. But thats where my confusion comes in. Just thought someone on the board had some experience with this situation.

Thanks...i read that article...gets confusing

The 2011 year was a forgettable one for me as I ventured into trading stocks in the biotech sector which ultimately ended up in a couple grand loss for me....oh well....my question is that I traded in and out of two stocks throughout the year. I recently sold all my positions yesterday and will not be purchasing any back. I have come across this wash rule which can get complicated especially with the amount of trades I have made with the two stocks. Basically, from what I can understand is that as long as all my replacement shares are sold (I have zero holdings) that I can deduct my realized losses. Is this correct? Thanks

James Harrison...STFU!

Def on the Nolan train.....dude brings the heat

i think we will end up with seattle 5th round pick this year from the marshal trade.

Our offense isn't the problem.

I think I may be the only one but when I saw it I immediately thought "oh crap...the media is gonna be all over SJ on this one". surprisingly i didn't hear a peep about it until this blowhard....

his release is so quick...

I mean these players have the opportunity to set themselves up for life after playing a modest career in pro sports....yet the continue to be just !@#$ing stupid.

i don't think stevie is worth 10 million per year.....Id rather pay someone like Vincent Jackson that kind of money...

Shoulda brought a spork

it was wood not levitre

If he did say this.....he should never be taken seriously ever again

easy there guy....enjoy the ride

From my buddy who talked to a team doctor. Also said Troup is 100% healthy now.

I have been told that Williams injury will keep him out 4 weeks but no mention of season ending.

I will tell you right now to take the dog in for x-rays. My dog (a shih-tzu) swallowed a 7 in bone straight down....The painful screams that I heard were unbearable from the bone moving through the stomach...If we waited the bone would have become lodged and then necrosis would have began and he would have died. Not trying to scare you but it is possible he has the twig or whatever in his GI tract that is causing the pain!

AJ GREEN

What do you think about the Fender CD-60? also I just got a new macbook i noticed they have guitar lesson on the garage band....looks very helpful....

Hey All....Im thinking about picking up acoustic guitar as a hobby especially with winter coming.....anyone have any recommendations on a good starter guitar? How hard is it to learn to play.....am i kidding myself? I really don't have any musical background except that I love music..... Thanks