Comments on: How to Offset Capital Gains – Tax Loss Harvesting http://blog.smart401k.com/2008/12/27/how-to-offset-capital-gains-tax-loss-harvesting/ News, Views and Education on Retirement Investing and the Financial Markets from Smart401k Tue, 27 Dec 2011 13:01:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Buck Wendel http://blog.smart401k.com/2008/12/27/how-to-offset-capital-gains-tax-loss-harvesting/comment-page-1/#comment-3712 Buck Wendel Wed, 04 Feb 2009 22:16:51 +0000 http://blog.smart401k.com/?p=144#comment-3712 Randy, Thank you for the inquiry. Since the repurchase is in a related account, the loss will be disallowed by the IRS under section 1091 of the tax code. I have included a website address below for more information regarding this rule. http://www.irs.gov/irb/2008-03_IRB/ar08.html Randy,

Thank you for the inquiry. Since the repurchase is in a related account, the loss will be disallowed by the IRS under section 1091 of the tax code. I have included a website address below for more information regarding this rule.

http://www.irs.gov/irb/2008-03_IRB/ar08.html

]]> By: Randy http://blog.smart401k.com/2008/12/27/how-to-offset-capital-gains-tax-loss-harvesting/comment-page-1/#comment-3693 Randy Mon, 02 Feb 2009 21:30:02 +0000 http://blog.smart401k.com/?p=144#comment-3693 What happens if you sell a mutual fund in a taxable account at a loss then buy the same mutual fund back, on the next day, within a 401k or IRA? What happens if you sell a mutual fund in a taxable account at a loss then buy the same mutual fund back, on the next day, within a 401k or IRA?

]]> By: Buck http://blog.smart401k.com/2008/12/27/how-to-offset-capital-gains-tax-loss-harvesting/comment-page-1/#comment-3395 Buck Fri, 09 Jan 2009 01:14:00 +0000 http://blog.smart401k.com/?p=144#comment-3395 Bill, Thank you for the inquiry. Subscriptions to investment services are deductible as a miscellaneous itemized tax deduction on Form 1040, Schedule A by investors. They are subject to the 2% AGI floor. You will want to consult your tax advisor to make sure itemizing your deductions is the best course for you. Bill,

Thank you for the inquiry. Subscriptions to investment services are deductible as a miscellaneous itemized tax deduction on Form 1040, Schedule A by investors. They are subject to the 2% AGI floor. You will want to consult your tax advisor to make sure itemizing your deductions is the best course for you.

]]> By: Bill Anderson http://blog.smart401k.com/2008/12/27/how-to-offset-capital-gains-tax-loss-harvesting/comment-page-1/#comment-2902 Bill Anderson Mon, 05 Jan 2009 22:48:02 +0000 http://blog.smart401k.com/?p=144#comment-2902 Buck, is it true that one can also deduct the fee's incurred to manage your investments? The subscription cost's to charting, analysis, research services or even those for Smart401K. Buck,

is it true that one can also deduct the fee’s incurred to manage your investments? The subscription cost’s to charting, analysis, research services or even those for Smart401K.

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