Friday, December 16, 2005

Tax Haiku

Section 1091

Non-Recognition
Of realized gain or loss
On wash sale of stock

3 Comments:

Blogger Fishfrog said...

I should clarify that although it makes a nice haiku, section 1091 does not provide nonrecognition for gain on a wash sale for the simple fact that if there is gain, it is not a wash sale. So the Haiku is not entirely correct.

9:23 AM  
Blogger Nell said...

Dude... I was totally just thinking that!!!!

4:24 PM  
Blogger scarlet panda said...

More tax haikus! I'd like to request some about 1014 and/or 1015. Or maybe 1(h).

11:07 AM  

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