Rich Carreiro <rlcarr[at]animato.arlington.ma.us> wrote:

- quote -

According to info on page 41 of Pub 550, it IS possible to
specifically identify lots on a single certificate.

MTW

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I know the identification of shares sold regulations say
that if a certificate is submitted for sale, for purposes of
computing capital gain and holding period, the shares
considered sold are those represented by the certificate and
that cannot be overridden by an attempt at a specific ID (or
put another way, your choice of which certificates to
deliver *is* the act of making a specific ID).

But what happens when a single certificate covers multiple
lots (like you make a number of purchases through a broker,
keeping the shares in street name, and then ask for physical
delivery) and the sale isn't for the full number of shares
the certificate covers? Are you stuck with FIFO? Can you
make a specific ID?

--
Rich Carreiro rlcarr[at]animato.arlington.ma.us

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