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E*TRADE Financial Corporation Message Board

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  • greenco greenco Jan 21, 1998 7:20 PM Flag

    At an EGRP (Tax) Loss .....

    This posting is correct for an "Investor" (most people), but it is not correct for a "Trader" (a very active short-term investor who qualifies as a trader).

    The 1997 Taxpayer Relief Act gave traders the option of reporting on a mark-to-market basis. That means you can deduct unrealized stock losses at December 31, 1997.

    If you want more information, contact

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