Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Q. who wrote (612)	12/31/1998 2:13:00 PM
From: Mark Marcellus	Read Replies (1) of 709

<< BFLY down hard the last day of the year.>> I'm wondering if anyone who is tax literate knows whether capital gains from stocks sold today are taxable in 1998 (sale date) or 1999 (settlement date)? One theory on the internuts is that people with huge unrealized gains will start dumping them in the new tax year. Could it be starting now? FWIW, Mark

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