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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (12858)	12/23/1999 10:43:00 AM
From: Sam Biller	Read Replies (3) \| Respond to of 20297

From publication 550... For securities traded on an established securities market, your holding period begins the day after the trade date you bought the securities, and ends on the trade date you sold them. CAUTION: Do not confuse the trade date with the settlement date, which is the date by which the stock must be delivered and payment must be made. Example. You are a cash method, calendar year taxpayer. You sold stock at a gain on Dec. 30, 1999. According to the rules of the stock exchange, the sale was closed by delivery of the stock 3 trading days after the sale on Jan. 5, 2000. You received payment of the sale price on that same day. Report your gain on your 1999 return, even though you received the payment in 2000. -Sam