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Tuesday, December 27, 2005 4:31:34 PM
Others say it is the trade date itself that counts with the IRS and that brokerages report the actual trade dates on the 1099-type forms they send in to the IRS. That group says trades all the way up until this Friday can "count" with the IRS as far as being a tax-loss sale for 2005.
I've seen more folks espousing this particular scenario. I've never cut it that close when planning ahead like that for tax purposes, so I've never actually asked my brokerage the question.
FWIW
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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