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To: Brian who wrote (10234)12/29/1999 4:27:00 PM
From: Duane E. Werth  Respond to of 10479
 
"(First day to declare year 2000
capital gains)rather than pay in 1999)"

Pardon my ignorance. Could you please explain the issue regarding tax selling today for Y2K capital gains?

Thanks

Duane



To: Brian who wrote (10234)12/29/1999 5:35:00 PM
From: Shivram Hala  Respond to of 10479
 
I think it's the trade date not the settlement date which determines which year is to be used. So Friday Dec 31 would be the last date for 1999 purposes. I don't think I'm wrong but feel free to correct me if I am.



To: Brian who wrote (10234)12/29/1999 6:44:00 PM
From: vibaby  Read Replies (1) | Respond to of 10479
 
<<First day to declare year 2000 capital
gains)rather than pay in 1999 >>

WRONG!!! Don't listen to this uneducated advice. It's the date of TRADE, not date of SETTLEMENT that counts for tax purposes!!