Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Colin Cody who wrote (938)	4/5/1998 11:16:00 AM
From: Brendan W	Read Replies (2) of 5810

Colin, I've run small debit balances in IRA accounts with brokers before. The real world of securities transactions is pretty messy and this kind of thing happens a lot. The software they use frequently allow transactions to be entered on the margin "side" ... obviously, this shouldn't be so, but it is. When it happened with my accounts there was some small error involved and I just waited for a dividend to take out the problem.

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