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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: xtahce who wrote (18315)	12/21/2000 4:49:23 PM
From: kleht	Read Replies (1) \| Respond to of 100058

Last day to sell. Obtained from this URL: www.fairmark.com Sorry, I lost the specific site address. Guide to Capital Gain and Loss Last Day to Sell What's the last day you can sell your stock and still report the gain or loss in 2000? The answer is December 29, 2000 — unless you can find a way to sell when the market is closed December 29, 2000 is a Friday, so the stock market is closed the last two days of 2000.. Trade Date Controls When determining what year you sold your stock, the trade date is what matters. This is the day the transaction took place on the stock exchange. If you contact your broker before the markets close on December 29, you still have time to complete a sale in 2000. Settlement Date Stock market trades generally settle a few days after the trade date. This is the day shares and cash actually change hands. But the settlement date doesn't matter for purposes of determining when your sale took place. If your trade date is in 2000 and your settlement date is in 2001, it's a 2000 sale. by Kaye Thomas December 16, 2000 <Previous ^Up Next> TAX GUIDE FOR INVESTORS HOME SITE MAP CONTACT US LEGAL A publication of Fairmark Press Inc. © Copyright 1997-2000, Kaye A. Thomas All rights reserved