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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: RayV who wrote (7128)3/20/1998 3:11:00 PM
From: William G. Murray  Read Replies (1) of 14162
 
Good Afternoon RayV,

I loaded Turbo Tax on my machine last night and went through their listing of tax updates. For 1998 the IRS has imposed new restrictions on "selling short against the box".

I read it several times and it made little sense to me. Maybe someone on the thread is a tax expert and can field this one.

B.M.
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