I would consider it "substantially identical" because the XM converted to SIRI, but then again I am just guessing.
Type: Posts; User: Newman
I would consider it "substantially identical" because the XM converted to SIRI, but then again I am just guessing.
This is what Tax Cut Premium (2007) has to say about the issue:
Here is the link to the IRS: Publication 550: Wash Sales.
I was very interested to learn of the calculation for the cost basis....
This is definately something that you should discuss wih a PROFESSIONAL, and not take the advice of someone on the boards who may or may not be correct.