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<<I have a major unrecognized loss in Lucent stock(about 1950 shares purchased in the mid 70's). The problem is is that 350 shares are in my dedicated tax paying account. I played and lost.>>

Sorry...but I have no idea what you are trying to tell me here. First, Lucent wasn't even around in the 1970 (they were a spin off from another company just a few years back). And I don't know what a "dedicated taxpaying account" might be.

But if you haven't SOLD the shares, the "unrealized" loss is meaningless for tax purposes.

<< I've since got 1-day wiring to my bank account that I can draw on near April 15th. Should I wait and make up the balance on my credit card and transfer to a cheap balance??? I know, stocks can go down too....>>

Sorry...but I'm just not seeing the question that you are trying to ask.

TMF Taxes
Roy
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