SI
SI
discoversearch

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.
Non-Tech : MB TRADING
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Korn who wrote (1027)9/6/1998 12:06:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) of 7382
 
Gary,

If you can qualify for trader status with the IRS, your CPA can just list the total of all your buys and sells (taken directly from brokerage statements) and your tax return will be very easy to do. Not necessary to list each and every trade individually, just total 'em all up at end of year, total sells - less total buys, and pay tax on the difference (slightly over-simplified, of course) using appropriate tax schedule.

Bill

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News