NW Tech Capital, Inc. (NWTT)

[breezin_chs]

Trade date or settlement date for tax purposes?

This question has been kicked around for a few days and the consensus is wrong.

Trade date, NOT settlement date, is the key date for tax selling.

Great resource:
Tax Guide for Individuals & Investors
http://www.fairmark.com/refrence/index.htm

http://www.fairmark.com/capgain/lastday.htm
Last Day to Sell

The settlement date doesn't matter for purposes of determining when your sale took place. If your trade date is in the current year and your settlement date is in the following year, the tax law says you made the sale in the current year (year of the trade date).

Different rule for short sales