Re: Dec 31 stock sale question

From: Rich Carreiro <rlcarr@animato.pn.com>
Subject: Re: Dec 31 stock sale question
Date: Wed, 6 Jan 1999 18:46:51 -0500

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>I sold a stock on Dec 31, 1998.   The order was executed on
>the 31st anyway.   Since we are operating in a T+3 environment,
>the settlement date is in 1999 (Jan 6).   Under which year
>do I declare the gain for tax purposes?

Trade date is what counts, not settlement date.  So it was a 1998
transaction for tax purposes.

Rich Carreiro
rlcarr@animato.pn.com
P5-100/RedHat Linux 4.2

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