Special Edition: Tax Rules for Exchange-Traded Index Securities

Can't get enough of exchange-traded index securities? Whether you're talking about Standard & Poor's Depositary Receipts(SPY Quote), the Nasdaq 100 tracking stock (QQQ Quote) or Merrill Lynch Internet HOLDRs(HHH Quote), these things are starting to catch on. See a recent Dear Dagen for more on their rising popularity.

Ask your tax questions on the TSC Tax Forum board.

This week's Tax Forum is devoted entirely to the tax implications of these securities. If you trade them, or would like to, you're probably wondering how the wash sale rule, distributions and options trades come into play. Read on to find out. ...