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Selling specific lots
Are there IRS rules that would prohibit selling specific
lots if in the past sales were done on FIFO? Our broker
allows the assignment of particular lots until settlement.
Thanks,
Scott
No. You can always choose specific lots. Just remember, you have to notify the broker which shares you are selling before the trade settles and the broker is supposed to acknowledge the receipt of your instructions.

Ira Smilovitz

On Sat, Apr 8, 2017 at 10:04 AM, Scott Freeman <scottbefreeman@gmail.com> wrote:
Are there IRS rules that would prohibit selling specific
lots if in the past sales were done on FIFO? Our broker
allows the assignment of particular lots until settlement.
Thanks,
Scott