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

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To: Colin Cody who wrote (1684)1/1/1999 8:43:00 AM
From: Wayners  Read Replies (3) of 5810
 
Colin,

I have over a thousand trades this year. I've traded maybe 75 different stocks during the year. Is there a way to consolidate the reporting in Schedule D such that I'm in compliance without having to list every single trade on a different Schedule D line? It took me about 4 weekends last year to actually list every trade seperately, and I never ever want to repeat that. Quicken with Tax Cut software were of no help because the transfer of data put lots of blanks on the Schedule D of the tax return. I ended up going back and fixing it all by hand. I will never ever buy tax software again. Thanks in advance.
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