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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: LemurHouse who wrote (3081)11/26/2001 11:20:38 PM
From: Dan Duchardt  Read Replies (1) of 5205
 
Andrew,

In your opinion does this mean I have not satisfied the requirements re designation of shares?

There are a couple of tax professionals who post on the tax threads who have expressed the opinion that you must have something in writing from the broker for it to stand up to an audit. I have no personal experience with it, and I'm not the expert, but the issue has been raised many times and the responses have been consistent.

Subject 17266

Subject 5727

I replied to the short against the box issue in your follow-up message.

Dan
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