Selling investments?Follow these 3 rulesKeep in mind these three capital gains ruleswhen you sell investments: 1) The date of astock sale is also the trade date. 2) Your basismay be increased by reinvested mutual fund dividends. 3) Youcan use up to $3,000 of the excess to offset other incomewhen capital losses exceed capital gains. If your losses aregreater than $3,000, you can use the extra amount to reduceyour taxable income in future years.Terry B. CoganCertified Public Accountant3290 S. Camino Del Sol, #140648-2990www.terrycogan.com
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