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Santes8

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Santes8

Re: fb454 post# 61420

Tuesday, 12/29/2020 2:50:02 PM

Tuesday, December 29, 2020 2:50:02 PM

Post# of 198703
hmm... you may be right. Seems there is conflicting information depending on the resource.

"December 31, 2020
Last day to execute the sale of a long position for the 2020 tax year
Last day to cover a short position for the 2020 tax year (the trade must settle by 12/31, typically 2 business days after it executes)"
https://www.tdameritrade.com/education/taxes.page

"In almost all cases, the trade date controls the tax-reporting year for a stock sale."
https://finance.zacks.com/stock-sale-reportable-based-trade-date-settlement-date-9690.html

We're all on our way out, act accordingly...

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