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

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To: Colin Cody who wrote (1561)12/6/1998 2:53:00 PM
From: grw5  Read Replies (1) of 5810
 
Well then if I bought a stock Dec.2, it starts south the next day or so and I sell it on Dec.12. You mean to say that I still have to wait till '99 to declare the loss, even if I never buy it again?

That doesn't seem right. ???

Thanks,
George
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