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Subject Author Date
Dividends paid on shares sold short D.D. Palmer 03-20-2008
Posted by D.D. Palmer on March 20, 2008, 10:38 pm
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 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.

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Posted by removeps-groups@yahoo.com on March 22, 2008, 12:02 am
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> 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. >>
<< ------------------------------------------------------- >>

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