Free Republic
Browse · Search
GOP Club
Topics · Post Article

To: rustyweiss74
For what it's worth ............ The charge is that the price for the 80 shares as shown on the below tax from doesn't come close what the stock was selling for on the NYSE on the days listed.


34 posted on 09/14/2012 2:50:22 PM PDT by deport
[ Post Reply | Private Reply | To 1 | View Replies ]


To: deport

That could also be a straddle or spread of the shares and underlying options. The fact that they were both sold on options expiration day is a big clue.

The tax straddle rules usually involve adjusting the cost basis of the stock so this is probably legit. Once again, sorry challenger, no cigar.


37 posted on 09/14/2012 3:08:35 PM PDT by MrDem (Founder: Democrats for Cheney/Palin 2012)
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
GOP Club
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson