SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: I Know Nada who wrote (1526)11/29/1998 3:33:00 PM
From: Shoe  Read Replies (2) | Respond to of 5810
 
Does the IRS assume FIFO Regardless of Different Accounts?
Nada, thanks for providing the benefit of your experience. Did you find that (absent identification of shares) the IRS would treat the shares sold as those you first bought, even if you sold out of an account you did not even have when you first bought the stock (and did not tranfer shares)? Or would the IRS apply FIFO on an account-by-account basis? TIA -- Shoe



To: I Know Nada who wrote (1526)11/29/1998 7:36:00 PM
From: Bruno Galliano  Read Replies (1) | Respond to of 5810
 
Thanks greatly for the clarification. I have certainly learned something from it. And no I am not related. I am from the Galliano Liquer people..(just kidding)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News