Dividends paid on shares sold short

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Subject Author Date Dividends paid on shares sold short D.D. Palmer 03-20-2008  Re: Dividends paid on shares sold short removeps-groups@yahoo.com 03-22-2008
Posted by D.D. Palmer on March 20, 2008, 10:38 pm Please log in for more thread options Can someone refresh my memory on how to treat dividends paid on shares sold short? I seem to recall that it's different if you were short for more or less than 45 days. -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by removeps-groups@yahoo.com on March 22, 2008, 12:02 am Please log in for more thread options > Can someone refresh my memory on how to treat dividends paid on shares > sold short? I seem to recall that it's different if you were short for > more or less than 45 days. http://www.irs.gov/publications/p550/ch04.html#d0e12370 <= 45 days: add divideds to cost basis >45 days: deduct as investment interest -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Dividends I Paid Out On A Stock That I Have Sold Short December 23, 2006, 1:27 am Re: K1 For shares sold short March 22, 2008, 12:02 am Sold mutual fund shares in 2008, all at a loss. Do I need to report them on the tax form? January 27, 2009, 11:46 am Bought 1000 shares of a stock, sold off in two 500 share loads at 2 diff times April 16, 2007, 6:26 pm difference between adding short dividends to cost basis or investment interest January 22, 2008, 5:41 pm Dividends Paid After a Roth Conversion December 3, 2008, 11:31 am Where do I report dividends paid on Form 5471 Schedule C or Schedule F March 12, 2008, 9:23 am Sold Car / Paid Off Loan - Is it really an asset when car loan present? February 2, 2007, 2:10 am Accounting for College Expenses - Student paid vs Parent Paid August 17, 2008, 1:47 pm Trading LLC shares February 25, 2007, 12:40 am