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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (1364)	4/2/2003 7:51:20 PM
From: m-top	Read Replies (1) \| Respond to of 1383

Anyone Please!! A question regarding 1099's. I am having difficulty making my hand tabulated year end gross purchase and sales totals match those reported on my 1099 statement. All trade activity is short term. Is there any way this can happen and still be correct? Does the IRS expect my hand tabulated figures to match those reported on the 1099? My accountant says they should match. I did have several trades which overlapped from one year to the next which I believe would either understate or overstate the figures reported on my 1099. Does this sound like a reasonable explanation for the discrepancy? Thanks in advance for any advice on this!