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Re: Fdc4 post# 48978

Friday, 11/27/2020 9:26:01 PM

Friday, November 27, 2020 9:26:01 PM

Post# of 202230
If "you sell" after the 3 or 4 mos. holding the shares. . .you then create "short term capital gains (on any profits), OR short term capital losses (in case of selling at a loss). Your brokerage house generally keeps records on this and provides you a statement in Jan. or Feb., the following year (so you can give to your tax preparer) for your annual tax return. If. . .if your brokerage does not make available these records, CONTACT THEM about these capital gains/losses!