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Re: jugs post# 4961

Monday, 02/10/2020 11:49:12 PM

Monday, February 10, 2020 11:49:12 PM

Post# of 7489
Began with 95,000 shares and a cost basis of $5.81. Reduced to my current position of 80,700 and now the revised cost basis of $6.31 reflecting taxability issues and FIFO (first in, first out).

To lower your taxes you can call your broker and ask them to assign certain shares to your sales (specified share sales) or apply LIFO (last in first out) for you sale. That is assuming your last purchases had a higher cost basis.

Rob
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