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Non-Tech : Bill Wexler's Dog Pound
REFR 1.590-0.6%10:24 AM EST
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To: Dale Baker who wrote (1321)6/12/1999 4:04:00 PM
From: Mama Bear  Read Replies (2) of 10293
 
Dale, of course the IRS doesn't view your sale of half of your shares at your original cost as a return of capital. You will have $2500 of taxable gains to deal with in your example.

I tried that trick, and it didn't work for me. I had some fully paid for 'free' shares and woke up one morning to a 50% gap down. I found I had gotten attached to that money. -g-

Barb
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