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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Madhur who wrote (11583)	4/11/1999 2:48:00 PM
From: Gorak Shep	Respond to of 16892

that's what I meant with "holding positions", because that's essentially why the wash sale rule exists, because for the law you are "holding" a position when you re-enter so soon (30 days). That's a rather generous use of the phrase "holding positions." Is the Broker(like DATEK) giving you in the 1099-B sales list a grand total of all sales WITHOUT the excluded wash sales in Dec98? So that when you exclude those wash sales you can match the grand yearly total? The 1099 includes all sales. It is entirely independent of wash sales.

To: Madhur who wrote (11583)	4/11/1999 10:15:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 16892

Stocktax appears to have a rounding problem. See my post on the Stocktax board. When Stocktax splits a sell to match multiple buys, it apparently maintains a fractional penny internally, but truncates the fraction when printing or exporting to Quicken. (Not a problem is the sale price is even.) It ought to truncate only of of the split sales to the nearest penny, while adding a penny to the other one. I'm afraid I just lost all of the time that I saved by using Stocktax. I'm pretty unimpressed with the lack of care that appears to have gone into this.