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Strategies & Market Trends : Sharck Soup
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To: JRI who wrote (13735)3/28/2001 8:31:34 PM
From: Bid Buster  Read Replies (1) of 37746
 
capitol gains must be reported in the same year as the security is "deemed worthless" in a short sale.
however, the only way the IRS will find out you didn't report it is via an audit.
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