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Financial Planning / Tax Strategies


Subject:  Tax Lot Accounting Date:  12/19/1997  9:49 PM
Author:  ajshih Number:  957 of 127523

If a have a stock in multiple trades at different
cost basis' and wish to sell one, without specifying
which one, which block is treated as sold for
tax purposes at the IRS?

Is it LIFO or FIFO?

Andrew Shih
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