>>Kelglg wrote: My accountant suggested to me that I can defer capital gains on a stock in which I received a 2 for 1 stock split by selling half and declaring a loss by retaining the original cost basis. He said when I sell the balance in a different year I would then have to pay the entire gain. This did not sound correct to me. Do I need to find another accountant or is he correct? Anyone? _________________________________________What time is it???? It's time to break out the yellow pages & find a new accountant. "Can you do this?" YES. "Can you LEGALLY do this"? NO
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