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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?


To: Kip518 who wrote (624)1/6/1999 8:59:00 AM
From: Anaxagoras  Read Replies (1) | Respond to of 709
 
<<When the IRS calls, do you trust Jill to keep your anonymity?>>

Anonymity?
What anonymity?
I am Anaxagoras, and I pay the salaries of those darn govment clerks with those wretched taxes they've placed on my fig business. Ever since Thales made a killing by cornering the market on oil-mills after correctly forecasting a bumper crop in olives the tax collectors in Athens have been all over the butts of us ancient philosophers. ;-)

Hey, Chester-
Concerning tax software....
I used TurboTax Deluxe last year and was not pleased. For one thing, there was actually an error in the program that would freeze up my 'puter whenever I did a certain action (had to do with annotating wash sales, but I can't recall exactly what it was). What really annoyed me was the fact that I had gotten the deluxe version partly because it included electronic filing for "free", i.e. the usual fee didn't apply. However, once I got finished doing my taxes, at the very last step the program told me I couldn't file electronically because I had too many items on my schedule D. There had been no indication earlier anywhere that this might be a problem, and although the IRS is ultimately responsible for that condition, the packaging was a bit misleading in who might be able to file electronically, IMO.

I basically agree with what John said, although I've not used the state return filing.

Hey, is it time to rename the thread, John? ;-)
A double entendre might be nice, maybe something like "Taxing Issues".
Shorting high flyers was always too scary anyway. :-0

Anaxagoras