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To: TA Trader who wrote (2854)12/25/1998 10:26:00 PM
From: voodooist  Read Replies (1) | Respond to of 99985
 
TA Trader, >>a sale on the 29th will settle in 3 trading days. This will be the record date for tax purposes.<<< You certainly sound as if you're well-informed, however everything I've ever read indicates that this is not correct. Would it be possible for you to refer me to some source that confirms this? One of us is going to have to refile the last few years of 1040's <GGG>.



To: TA Trader who wrote (2854)12/25/1998 10:38:00 PM
From: Jan Robert Wolansky  Read Replies (1) | Respond to of 99985
 
TA Trader, I pulled out my 1997 tax statement from my broker which includes a sale of stock on 12/31/97, even though it didn't settle until January. What counts is the day you sold, not the day of settlement.

Jan


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