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

To: Lee Bush who wrote (443)	1/14/1998 4:23:00 PM
From: Colin Cody	Read Replies (1) \| Respond to of 5810

Lee, The IRS instructions should be pretty hard to understand - that's because our CONGRESS passed a LAW this past summer that was not clear at all. The Congress was looking for their own special interests and their own photo-ops, and not in makeing good, clean, fair and understandable law. . If you have a top flight mutual fund (like Fidelity) you may be in luck as they'll lay it all out for you, based on their best interpretation of the law and the IRS forms. . The ACTUAL date you use is "VARIOUS" The COMPUTATION is what's is important. Whether it is under a 12 months hold, over a 12 month hold or over an 18 month hold for example. . Colin