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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Pices who wrote (608)12/10/1998 8:47:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 1383
 
Yes, if you have documented that at the time of sale you identified and sold SPECIFIC shares of stock, then generally, those are the shares sold regardless of the FIFO rule.

Colin



To: Pices who wrote (608)12/10/1998 10:37:00 PM
From: mod  Read Replies (1) | Respond to of 1383
 
Pices,

Call your broker and say you want to "sell x,000 shares of xyz stock versus purchase date of xx/xx/98", using the date of the purchase of the specific shares of stock you want to sell. Your broker confirm statement should then include the "versus purchase xx/xx/98" on it.

Dennis


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