Income Taxes and Record Keeping ( tax ) Message Board

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

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To: Leman who wrote (1802)	2/3/1999 12:21:00 PM
From: RealMuLan	Read Replies (2) of 5810

The way I did is to format a spread sheet looks exactly like the Schedule D-1. And then fill in each items. And write a line like "please refer to the attached schedule D-1" on Schedule D but filling in the last line, which is the total, which is the same figure as your D-1 spread sheet last line. I am not trading much, but the rationale is the same. Keep a good habit. Download the data everyday after your trading or at least once a week, and put it in the D-1 spread sheet right after that. This will save you a great deal of time in the tax time. Of course, unless you want to hire an accountant.

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