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To: Craig Rogers who wrote (22289)1/1/1999 3:00:00 PM
From: oexplayer  Respond to of 50167
 
*****OT*****

Craig:

Sorry to hear about your predicament! However, you still are going to have to list all of your trades on schedule D. I am not aware of anyway to get around this other than just choosing no to do so.

It's basically not that hard if you still have records and a basic understanding of spreadsheet/database. I use EXCEL, and setup formulas to calculate gains/losses and the sub-totals. I've also heard that Quicken has a similar, pre-formatted program. Either way, plan ahead and don't postpone until April.

What you might want to try for this year is to plan a regular time to enter your trades. For me, I do this at the end of each day so that I know where I stand financially, and don't have to worry about playing catch-up. I would also say that many a good trader will tell you that keeping good records and staying organized, will also improve your trading! Hope this helps? Good Luck!

Kevin



To: Craig Rogers who wrote (22289)1/1/1999 4:07:00 PM
From: Logain Ablar  Respond to of 50167
 
Keep track daily in quicken or money and download to turbo tax. Turbo tax will automatically sort into l/t and s/t.

Just received my pro series release but won't test it till later next week.

I guess I'd start entering into quicken now. Good luck.

Tim



To: Craig Rogers who wrote (22289)1/2/1999 9:27:00 AM
From: J. P.  Read Replies (1) | Respond to of 50167
 
Re: Tax Records

What broker do you use? Some brokers keep a list of
transactions for tax records.