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Old Feb 17th, 2012, 06:01 AM   #7
FrankSlaughtery
 
 
Join Date: Aug 2010
Posts: 849
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Quote from futurecurrents:

Is that true for ETF's also? I've a feeling no.
ETF's are NOT 1256 cars. Unless you have a deep burning desire to meet w/ your favorite uncle - you know uncle sam and the irs - don't try to claim this.
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Old Feb 18th, 2012, 12:44 PM   #8
futurecurrents
 
 
Join Date: May 2002
Posts: 6,766
Quote:
Quote from FrankSlaughtery:

ETF's are NOT 1256 cars. Unless you have a deep burning desire to meet w/ your favorite uncle - you know uncle sam and the irs - don't try to claim this.
Thank you. I'm currently learning on the Q's but hope to advance to futures....in the future. I hope I need to pay the uncle lots on taxes soon, cause I'm a patriot.
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