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But isn't specific ID an elected alternative to FIFO? So even though shares were sold from two different accounts, wouldn't FIFO across the two accounts be the default position? Or would the adequate, if inadvertent, identification of shares override the default FIFO?

Hmmm. An interesting question, to which I'm going to have to plead insufficient coffee. In a practical sense I doubt that IRS would challenge it, but as Ira noted, that begs the question of why are there separate accounts in the first place.

Phil Marti
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