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<<<LIFO would need to be applied (unless the seller made a specific election at time of sale).>>>

"I think it'd be whatever actual lots were sold since the lots are identifiable within the account.
I think it could be LIFO or FIFO, could be something else. I think it depends on what instructions were given to the broker and what the broker's default is. (I think mostly it defaults to FIFO - but I've always done specific lots so I'm not positive of that)"

You are correct, the default is FIFO; brain f*rt on my part.

Regards, JAFO
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