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Re: StockHobit post# 92714

Saturday, 12/16/2023 12:20:17 PM

Saturday, December 16, 2023 12:20:17 PM

Post# of 94288
Last couple trading days of year

= too late for tax loss.

Most brokers are 2 days (some even 3 days) for your transactions to “settle”, and therefore be counted toward year 2023 tax write off.

They would need to sell by Wednesday, Dec. 27 at the latest, to have the transaction settle by Friday Dec. 29, or it will be too late.

If someone’s broker is 3 days to settle, then they’ll need to sell by Tuesday, Dec. 26.

Monday the 25th is Christmas of course. I expect to see some tax selling taking place on Friday the 22nd.