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Subject:  Dividend Reinvestment - A Tax Nightmare? Date:  7/6/2008  5:42 PM
Author:  RickZ5 Number:  101269 of 124777

I keep reading that DRiPs are a tax nightmare, however, I really want to enroll my stocks in DRiPs to save on transaction costs.

Could someone please explain why DRiPs are such a tax nightmare? Can't I just keep a "cost-average" and then use that number to determine my gain or loss when I buy or sell?

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