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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Sonny who wrote (1668)12/29/1998 3:56:00 PM
From: Gorak Shep  Respond to of 5810
 
Worthless Jan'99 expirer option - tax writeoff question

Sonny, I don't know if this would work but what if you gifted it to a charity? Might not please the charity but might be valid for the writeoff.

Comments anyone?



To: Sonny who wrote (1668)12/29/1998 6:45:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 5810
 
I BELIEVE YOU CAN SELL ALL-OR-NONE "AT MARKET" AND TELL YOUR BROKER YOU ARE WILLING TO TAKE $.01 FOR THE WHOLE LOT.

COLIN