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

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To: Colin Cody who wrote (2015)3/20/1999 11:28:00 AM
From: Tom Hua  Read Replies (2) of 5810
 
Colin, I use Quicken 99 Deluxe for record keeping and tax reporting (with Turbo Tax). The problem I encountered is with short sales. Quicken uses a negative cost basis for short sale transactions, which when can not be imported into Turbo Tax. Turbo Tax said the negative cost basis indicates a short sale and must be entered manually. Any suggestion on how to do this automatically?

Regards,

Tom
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