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Strategies & Market Trends : Calls and Puts for Income

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To: wilywilly who wrote (5775)8/28/2013 9:18:00 AM
From: Delfino R Zavala   of 5891
 
Well, the biggest one I can recall is when I input the transactions into my tax program, the description of the trade leaves about three characters short. Example: the input data shows on the tax program shows "1000 SHORT S"
I manually went into the tax program and edited about 80 entries to show "1000 SHORT SD".

I then went in and compared the amount shown for each transaction as the basis and proceeds and found a 1000 dollar error in the proceeds amount. This one transaction was found in the first 20 transactions I audited.

I realize this is an isolated incident (I hope) and wont have a firm opinion until I finish, which will be by next week.

I went back to the recorded daily transactions of my account and the entry on the error I found had been posted correctly. So "puff", I lost the 1000 dollars I thought I had found.
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