The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: B&H transfer to Sharebuilder and taxes||Date: 1/21/2002 3:56 PM|
|Author: gt5037c||Number: 57424 of 121218|
So here's my question: Can I take advantage of selling these stocks at a loss on my taxes?
Sure, you can treat them like any other loss on the disposal of a stock. The catch is that you are going to have to come up with the cost basis for each of these positions, which may be hard if you were buying small amounts of each stock, including fractions, each month.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|