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

To: Colin Cody who wrote (779)	4/6/1999 5:13:00 AM
From: Harley Davidson	Read Replies (1) \| Respond to of 1383

Colin, as a 'end of day' trader, I have about 225 trades to report for my 1998 return. Just wanted to reduce the paper in my filing cabinet so I tossed the confirmations. If I decided to 'scan' and save them in my computer and later on find the need to print them out. In your opinion, will that satisfy an audit or will I need the original copy? Your thread information is very helpful and thanks for responding. Jim

To: Colin Cody who wrote (779)	4/9/1999 3:12:00 AM
From: RavMan	Read Replies (1) \| Respond to of 1383

Colin For schedule D I had the following trades on a particular stock that I couldn't figure out how to calculate since I don't have a sell following every buy. Can you provide any insight? Thanks. THe trades are in chronological order. I am having a hard time trying trying to figure out how to split them on the schedule D. Thanks in advance. 250 sh of XYZ 1/2/98 BUY ------cost $750 800 sh of XYZ 1/5/98 BUY ------cost $3200 700 sh of XYZ 3/10/98 BUY------cost $700 700 sh of XYZ 3/13/98 SELL -----sold for $800 1000 sh of XYZ 5/5/98 BUY ------cost 1100 2050 sh of XYZ 10/19/98 SELL ----sold for 500 Rav