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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Dan Duchardt who wrote (1138)3/6/2000 12:23:00 AM
From: HIA  Read Replies (1) of 1383
 
To understand the situation...you have to realize that the investors that report open short sales on a Schedule D are trying to match the 1099 report of proceeds...

Of course we all know that the proceeds from a short are set against a matching debit at the moment of the transaction...
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