some questions about capital losses for 2008 tax

I hope that the experts here can help me out. Thank you very much in advice.

1. stock A, bought 600 shares in August, 2008. Sold 400 in Oct., loss -$1000. Still have 200 shares in account. Can I get $1000 as Capital losses?

2. Stock B. Bought 200 shares in Oct.2008. The price keeps going down, then bought 150 shares to lower down the average price in Nov. I sold all of them today, and total loss is about $800 (200 shares loss $1500 and 150 shares earned $700, and Please notice that I held the 150 shares for 27 days).
Can I claim the tatal loss of $800 as captial losses?

3. If I want to re-buy Stock B, How long should I wait to get away from "wash sale" ? 30 days after selling?

4. Can I use the money that I got from selling stock B to buy other stocks recently?

所有跟帖： 

• not an expert but happen to know the answers:) -找新家的迷惑- ♀ (977 bytes) () 12/09/2008 postreply 20:54:52

• Thank you for your reply. -jj_2001- ♀ (0 bytes) () 12/09/2008 postreply 21:25:17

• Arguments: 200 shr Stock B triggered "wash sales " . -美西游子- ♀ (344 bytes) () 12/10/2008 postreply 08:56:39

• The answer to question 2 is yes if no transaction in the -屋漏痕- ♂ (13 bytes) () 12/10/2008 postreply 09:29:26

• Is this a fact? Yes = Wash Sale. key word: BEFORE -美西游子- ♀ (79 bytes) () 12/10/2008 postreply 09:36:53

• Tell me how you adjust the cost basis if I don't own any B? -屋漏痕- ♂ (0 bytes) () 12/10/2008 postreply 09:39:50

• Yes, trade tax savvy -美西游子- ♀ (184 bytes) () 12/10/2008 postreply 09:56:21

• You are wrong. 99.9% sure. :) -屋漏痕- ♂ (0 bytes) () 12/10/2008 postreply 10:02:17

• convince me, please. :) -美西游子- ♀ (0 bytes) () 12/10/2008 postreply 10:18:15

• This is from publication 550 -屋漏痕- ♂ (560 bytes) () 12/10/2008 postreply 10:27:11