From the Trading Desk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : From the Trading Desk

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve goldman who wrote (2595)	2/16/1998 3:48:00 PM
From: steve goldman	Read Replies (1) of 4969

OK, 1997 is over: Just now are we all getting an idea of the paperwork nightmare ahead. Forget the gains, the commissions, etc., lets get down to the serious stuff: Did you all get your 1099s:>? 1. How much was the postage to get it to you? 2. What were your net proceeds for the year? I am always impressed by how much it costs to get me my 1099 and what my gross proceeds for the year are......when my wife see's the 1099 she is flabbergasted. This year, postage was $5.25 and gross proceeds in retail trading account, about $72 million. (**for those thinking that this has anything to do with profitabiliy, you are misunderstanding. for 1099 purposes, gross proceeds is the total net of all sales. You now match these to cost of proceeds to get your gains.) Regards, Steve@yamner.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next