InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
62,431.35
(
-1.20%
)
Post# of 221883
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

SevenTenEleven

Send PM Follow Ignore
Followers 442
Posts 63491
Boards Moderated 1
Alias Born 04/26/2007

SevenTenEleven

Member Level

Re: OldBen post# 193522

Friday, 01/20/2012 5:21:10 PM

Friday, January 20, 2012 5:21:10 PM

Post# of 221883
FFGO - Sorry, OldBen. FFGO will not show up on a 1099 unless the shareholder instructed the broker to write-down the shares as worthless.

There is a very strong call by market makers for shareholders to take tax losses, even when tax losses aren't earned in 2011.

Wouldn't want to the one who claims a loss, not reported by broker on a Form 1099, then report a dividend capital gain on those same shares written down as worthless at a later date. Probably won't sit well with the IRS.

Good Luck!

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up