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URL:  http://boards.fool.com/transaction-vs-settlement-date-11637920.aspx

Subject:  Transaction vs. Settlement Date Date:  12/10/1999  3:24 AM
Author:  heyjb Number:  22769 of 121563

A dumb question from a novice investor: What date does the IRS use in calculating how long you've held something and/or what year the transactions took place? For example, I bought and sold some stocks on 12/29/98. Those transactions didn't settle until 1/4/99. So how does it work?
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