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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Box-By-The-Riviera™ who wrote (397)1/6/1998 9:10:00 AM
From: John J H Kim  Read Replies (1) of 5810
 
Yeah, you're right. Ok, the trade I'm concerned about is AAPL bought it last year at $22x1000 shares. Sold 500 shares before end of year for tax loss. With the 500 shares remaining of AAPL, I'm considering doing some trades. Now, if I luck out and make some good profits with the trades, obviously the tax consequence will not be too much of an issue (don't want to wag the dog with the tail). However if I come out flat or god forbid, have some more losses, then of course it would be a shame to also lose my tax loss credit. I just wanted to get cover all the facts before I make my decision.

Thanks
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