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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Dan Duchardt who wrote (483)1/20/1998 8:01:00 PM
From: Colin Cody  Read Replies (1) of 5810
 
I agree with Joel. That's not to say you heard them wrong. I don't doubt that people report exactly as you have stated. That doesn't make it correct, though.
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Saying "see attached" is quitre acceptable, BUT you should then attach that broker statement you mentioned. Penalty if you don't? I don't think there is one. But you might get audited for not providing required information.
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Colin
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