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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 (789)3/22/1998 4:28:00 AM
From: Spots  Respond to of 5810
 
Right, what you say is the way I understood it. From your
earlier post I thought there was an alternative I didn't
know about.

Your right, it's NOT worth it; I just don't know what
else to do about it.

Spots

PS. If you want some comic relief, which I could use about
now, I ended up with 1.9 shares of stock in a DRIP account
I thought I'd closed (directed in writing to liquidate, but
they were hiding something).

Then a dividend came along on the 1.9 share, and the turkeys
took my dime,
deducted a 7-cent commission, and bought .001 share with
the rest. Arrggh. I hope it cost 'em 20 bucks to send
out their stupid statements. Now I've liquidated my 1.901
shares (again), but any day I'm expecting a statement with
a 0.00021 share balance or some such. Can hardly wait
for the next dividend date ... (Oh sh*t, it's ex-div now,
just got the check the other day. I wonder if I'm joking
as much as I think I am about that 0.00021-share balance.)



To: Colin Cody who wrote (789)3/27/1998 12:38:00 PM
From: Senor VS  Read Replies (1) | Respond to of 5810
 
Hi Colin

Can I claim margin interest( for tax year 1997) as tax deductible
against capital gains?

Thanks in advance

Regards
Ravi