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Subject:  Re: Dividend Reinvestment - A Tax Nightmare? Date:  7/6/2008  9:18 PM
Author:  ptheland Number:  101282 of 124779

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.

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