SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: mod who wrote (706)2/14/1999 10:32:00 AM
From: ArtAlley  Respond to of 1383
 
QUESTION: how does everyone keep track of their daily trades and balances in their trading account? I am looking for a simple downloadable form that will show something like buys, sells, dates, balances, profits, losses etc. I have asked this question on a few threads over the past few weeks without a lot of real luck...thanks!



To: mod who wrote (706)2/14/1999 11:51:00 AM
From: robbie  Read Replies (1) | Respond to of 1383
 
mod, you are correct. Expense the books under Sec. 179. But, you must have net profit to use 179. The limit is 18,500 for '98 and 19,000 for '99.



To: mod who wrote (706)2/14/1999 1:14:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 1383
 
Sec 179 is not allowable for investment assets. Sec 179 is restricted to TRADE or BUSINESS assets. I agree with all the Robbie has posted in this regard.

Colin


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News