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Non-Tech : Yamner & Co., Inc

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To: steve goldman who wrote (11)12/14/1997 9:23:00 AM
From: Zeuspaul  Read Replies (3) of 58
 
Steve, thanks for the response. I have another question.

I have a core position in some of my stocks. I have held the stock for a long period of time and have a significant capital gain. I would like to hold the core position and yet trade additional shares. The IRS requires a written confirmation of the lot sold from the broker or they will assume FIFO (First In First Out). If I use FIFO in this situation I will incur a significant tax.

I have not found an online broker that provides this service online.

How is this situation handled at Yanmar?

Regards

Zeuspaul
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