Replies

To: SolidSupplySide

Sellers can get the tax benefit if they sell any time this week.

Doesn't it still take 3 days to settle (t+3) in which case tax losses taken tomorrow will be settled in the new year.

19 posted on 12/27/2005 1:58:17 PM PST by NeoCaveman (If we ever banned air conditioning, I think people would move back, - Bob Bennet Ohio GOP)

To: dubyaismypresident

Doesn't it still take 3 days to settle (t+3) in which case tax losses taken tomorrow will be settled in the new year.

Trade date, not settle date, is used by IRS.

21 posted on 12/27/2005 1:59:09 PM PST by SolidSupplySide

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