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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (26067)2/18/1998 9:05:00 AM
From: Howard Henick  Read Replies (1) of 132070
 
MIKE - AN UNRELATED TAX QUESTION. When you short stock, and you pay a dividend, how do you get credit for the payment. Is it added to your acquisition price of the stock, subtracted from your proceeds on sale, or reported as a negative dividend? Thanks - Howard
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