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Strategies & Market Trends : IRS, Tax related strategies--Traders
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To: Pices who wrote (611)12/11/1998 11:52:00 AM
From: mod  Read Replies (2) of 1383
 
If you can place phone trades, try calling them and see if they'll add the "versus purchase date of" to the confirm. If not, tell them it anyway, and write down the date and time of call, and write it on your confirm yourself when you get it. You have fulfilled the requirements of "identifying" the shares to be sold, if the IRS challenges you, you can point to your records of the phone call etc.

Dennis
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