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Re: Dragon Lady post# 12295

Wednesday, 12/17/2014 12:17:11 PM

Wednesday, December 17, 2014 12:17:11 PM

Post# of 106831
Selling for a tax write off is in reference to private investors like you and myself.
If your holding is currently at a loss, you sell some or all shares, hope it doesn't jump up right away, and invest back in during January.
Then you can claim a capitol loss on your tax return, which detracts from your overall taxable income.

... if you live in the United States.