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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.27+0.2%10:00 AM EST
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To: H James Morris who wrote (117283)2/11/2001 12:51:10 AM
From: manalagi  Read Replies (1) of 164684
 
I assume you know if Amzn goes busto you won't have to pay any capital gains on your profit?

I will have to declare it on Schedule D when a closure takes place. Even if that happens over a year, the gains on a short sale is always treated as short term by the the IRS.
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