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To: artemus who wrote (4790)	2/14/1999 8:05:00 AM
From: Boon	Respond to of 19700

Thanks, Bob, for sending the link. I'll check it out. <eom>

To: artemus who wrote (4790)	2/14/1999 10:59:00 AM
From: Boon	Respond to of 19700

Bob, Happy Girl, I just checked Bob's link. Useful for those (fewer and fewer) of us who use brokers to trade. For the increasing numbers of us doing on-line trading or variations thereof, the tax advice indicates that, when it comes to selling shares, it's FIFO by default. That, because we have not indicated to a broker which specific shares we are selling. Boy, the world has really changed since that tax advice was written!

To: artemus who wrote (4790)	2/15/1999 9:35:00 PM
From: SJS	Respond to of 19700

Bob, et all. I do this type of thing ALL THE TIME. It's called "vs. purchase date". When you sell stock and you want to do a specific lot, tell your broker its a "versus purchase date of "X". X is the date the stock was purchased. It will go right on your transaction receipt. However, the IRS don't check each and every transaction, but has the right to do so, if you get audited. If audited, you have your transaction report showing your vs purchase date transaction clearly labelled as such.