Bill Wexler's Dog Pound Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mama Bear who wrote (1322)	6/12/1999 4:15:00 PM
From: surelock	Read Replies (2) of 10293

Barb, I haven't followed this whole discussion, and no little about the IRS, but can say that in Canada, one can report gains using either FIFO (first in first out), or on an adjusted cost basis, as long as there is consistency for all reporting. Using the FIFO method, there would be zero gain on Dales trade, and a $0 cost base on any further sales. However, it's fair to say that most people choose the adjusted cost base.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next