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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Colin Cody who wrote (164)2/25/1998 8:21:00 PM
From: Susan Saline  Read Replies (1) of 1383
 
Since then (I don't know if the Law was changed) it is common practice to show the
Sales NET of commissions and the Purchase PLUS the buy-side commissions.


Would you please put this in English for this chart reading can't translate tax form jargon girl <ggg>

which line do comms go on?

I have been putting both (buy comms and sell comms) on line 1.e, (cost/basis)
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