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Strategies & Market Trends : LastShadow's Position Trading

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To: Char who wrote (7988)2/7/1999 6:26:00 PM
From: tom pope  Read Replies (1) of 43080
 
Char, thanks for your response. Quicken 99 doesn't ask the question as I remember Q98 did. The problem arises from the fact that it records the sale as a negative amount, so the amount of sales reported on Schedule D won't match the amount on the 1099.

The gain/loss amount may be correct, but the first thing the IRS computers look at is a match between your recording of total sales on Sched D and the broker's.

Best

Tom
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