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Re: Cbdpotential post# 84536

Wednesday, 12/14/2016 11:08:42 PM

Wednesday, December 14, 2016 11:08:42 PM

Post# of 470563
Interesting trading concept, but unless the IRS is smoking what you're smoking, lol, I don't think they will allow it. If one could change their filing method from FIFO to most recent shares first, they could switch their method based on gains or losses. While it would be nice, it doesn't make sense; one could avoid taxes forever. I'd check with a tax expert before employing that theory.
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