Replies to post #17362 on Phoenix Rising Companies Inc (PRCX)

[50 MIL STRONG]

That's WRONG!!!

In order for your loss to be available for 2022 (or one of the prior three years), the settlement must take place in 2022. This year, the trade date must be no later than Dec. 28, 2022, in order to complete settlement by Dec. 30th

That's the deadline for covering shorts!

[50 MIL STRONG]

Important dates
December 31, 2022

Last day to complete a required minimum distribution. Note: If you sell securities to
fund an RMD, be sure to leave time for trades to settle before year end.

Last day to execute the sale of a long position for the 2022 tax year

Last settlement day to cover a short position for the 2022 tax year (trades must settle by 12/31, typically 2 business days after they execute)