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To: KeepItSimple who wrote (31203)	12/26/1998 1:09:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 164684

Remember, you dont have to book capital gains as taxable until the trade settles, which is 3 days after you initiate the sale. Maybe it's the eggnog, but I totally overlooked this point. Maybe it's the eggnog, but you're wrong on the date a gain is taxable. It's taxable on the date of the trade execution. That is spelled out very clearly in the IRS publication covering capital gains and losses. Cheers, and have another eggnog! -g- irs.ustreas.gov