The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Dividend Reinvestment - A Tax Nightmare? Date:  7/6/2008  9:18 PM
Author:  ptheland Number:  101282 of 127513

The usual thing is last ink first out unless you tell them otherwise in writing.

No, the default is first in, first out, unless you tell them otherwise. And they - the broker - has to confirm your instructions in writing. You can tell them verbally, they need to confirm in writing.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us