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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Jazz102 who wrote (58155)12/28/1998 7:08:00 PM
From: MC  Read Replies (1) | Respond to of 58324
 
Jazz: I would like to clarify that the gain or loss of the sale of a stock for tax purposes is normally on the last trade date of the year. However, one must check with the reporting brokerage house to see if the trade date falls within the tax year for their report to the IRS. Some brokerage houses have policies regarding account reporting to the IRS and will use the settlement date.
Check with your stock brokerage clearing house first for clarification.
MC


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