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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Dick Jaffe who wrote (4166)1/1/1998 11:26:00 AM
From: FTJoe  Read Replies (2) of 11708
 
As long as you're handing out free advice, is the settlement date or the sale date(3 days before) what the IRS cares about. There's a question whether or not you can use stocks sold at a loss on Dec 31 for that year or does it have to be the next year. I've always used the sale/purchase date, not the setttlement date.
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