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To: T.K. Allen who wrote (6479)1/18/1998 10:57:00 AM
From: Jeffrey Beckman  Read Replies (1) | Respond to of 10368
 
***Off topic- Quicken/Turbotax*****

Well, I had too many trades to count last year and needed help. TurboTax arrived this week to compliment the Quicken '98 that I purchased this Fall. After setting it up, importing Quicken data, and pushing a few buttons, a Schedule D whipped out, filled with six pages of gains and losses. A real thing of beauty, not so much the actual dollars, just the appearance (g).

I have a question though concerning the "Wash Rule" with these programs. Does TurboTax recognize "washed sales"? At least from my understanding, I have a couple of such situations, but they seem to show as regular losses. It so happens, that reporting them as washed sales, or not, will not affect my tax payment do to a tax loss carry foward. Still, I'd like to do it right.

Thanks for all advice,

Jeff



To: T.K. Allen who wrote (6479)1/18/1998 4:15:00 PM
From: Ed Pettee  Respond to of 10368
 
This kind of pressure on the lawmakers to give relief on the auto tax issue, helps keep the pressure on to keep the revenue from Video Poker coming into the state coffers.

thestate.com