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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (2343)10/27/1999 11:43:00 AM
From: dfloydr  Read Replies (1) | Respond to of 5810
 
Switching subjects ... On several threads I have encountered comments as follows:

"As we approach 10/31, tax loss selling season is coming to an end ... etc.."

I believe individuals can take their losses right through the last few days of December. I presume the posters are referring to institutions. Why would an institution not be able to take a loss, or a gain after 10/31? Or is there something else at work here?