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Politics : PRESIDENT GEORGE W. BUSH

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To: jlallen who wrote (119585)12/26/2000 4:47:47 PM
From: alan w  Read Replies (1) of 769667
 
OT OT OT: I have a question about tax selling. I have 3 stocks that have gone to nothing. 2 of them show a per share value of $0. I have several hundred shares of those 2. The other went through a reverse split (one thousand to one). I now have 3 shares of this @ $0.005 (yeah one half cent). I have held these 3 "companies" for over one year. I need the writeoff because I sold one earlier this year after holding it for about 10 months. If I sell the losers, they will offset approximately 1/3 of the gainer.

My question is this. Do I need to go through the motion of selling the losers? I don't even know if 2 of them still trade.

Thanks to anyone in advance.

jl, this isn't necessarily directed toward you.

alan w
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