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Author: PayingForIt Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 123149  
Subject: End of Year, Short Against Box Date: 12/30/2002 5:49 PM
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In Brokerage account A, I own 150 shares of stock, long.

In Brokerage account B, I have opened a short position in same stock, but have only sold 100 shares.

Obviously, my Schedule D will have to reflect the sale, but is this listed as "open short", or do I (by hand) close the short using the basis of 100 shares owned long in my other account. Or is the position listed as "open" until Brokerage-B receives the transfer of shares from Brokerage-A and gets the instructions to close.
- OR - ???

I checked (very quickly) the FAQ, but didn't see this exact situation.
I appreciate any help you can provide.

Thank you,

- Danny

PS: To save any possible complications in the answer, both Long and Short positions were opened this calendar year, so no issues of Long-or-short term gain/losses.

Please, no questions on how I got into this ridiculous situation.
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