No. of Recommendations: 3
In reality, taxes due are now reduced by their act of re-dating the transaction.

I was wondering about the same thing. Manipulating financial records to defraud the IRS? Something I would run far, far away from. Even though it may be the "customer service" person at Fidelity that does the actual manipulation, I'd spend the next several years waiting for the IRS to come knocking on my door with a bill for the tax, plus penalty and interest.

What Fidelity did, making the government pay for Fidelity's error, rather than Fidelity squaring the error out of their own pocket, is lower cost in the short term, but the risk of a blowup is significant.

Steve
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