Income Taxes and Record Keeping ( tax )

STOCKTALK

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
Income Taxes and Record Keeping ( tax )

An SI Board Since September 1997

Posts	SubjectMarks	Bans
5810	437	0

Emcee: Zeuspaul	Type: Unmoderated

Introduction Compact

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
4435	<I>if you have trader status, then you mark to the market and there all ga	Dan Duchardt	-	4/8/2003
4434	Good point.	rgjack	-	4/8/2003
4433	if you have trader status, then you mark to the market and there all gains are r	Larry S.	-	4/8/2003
4432	anyone use gainskeeper?	NOW	-	4/8/2003
4431	Anyone suggst the best software to help out with Schwab end of year tax nightmar	NOW	-	4/8/2003
4430	Does it work post-hoc? I am trying to do 2002 taxes, am an active Schwab trader	NOW	-	4/8/2003
4429	If you add the dividend to your covering cost it will work. You don't want t	doniam	-	4/8/2003
4428	Using Form 4952 was easy enough to declare the deduction for dividends for the s	rgjack	-	4/8/2003
4427	Those lawmakers don't make it easy do they? I was not aware of the provision	doniam	-	4/7/2003
4426	doniam, I found a little more information on payment of dividends for shorted st	rgjack	-	4/7/2003
4425	Hi Wandergal; I'm neither an accountant or a regular poster on this thread,	Lance Bredvold	-	4/6/2003
4424	Thanks, but that su*ks - like many other real expenses that are not fully allowe	rgjack	-	4/6/2003
4423	Schedule A as Investment Expense. Can only use as a deduction if your investment	doniam	-	4/6/2003
4422	Negative dividends - I shorted stocks and paid the dividends for them. The conso	rgjack	-	4/6/2003
4421	Addendum to previous post: I didn't receive fractional shares. I received	wandergal	-	4/5/2003
4420	Thanks to you and BWAC for your responses. Those Citigroup links were extremely	wandergal	-	4/5/2003
4419	The answer can be found at these two links: citigroup.com citigroup.com	Arcane Lore	-	4/4/2003
4418	Go to the Citigroup website and look up the spinoff literature. It will give you	BWAC	-	4/4/2003
4417	I own Citigroup (C). This past year, there was a spin-off of Travelers Property	wandergal	-	4/4/2003
4416	I've rarely had this situation, but I seem to recall last time I did my 1099	Dan Duchardt	-	3/28/2003
4415	Hi Dan. My assumption is that IRS likes to see a tie in between 1099 sales proc	Allen Furlan	-	3/27/2003
4414	Right Dan - and the net/net for a wash sale as long as all affected stock is sol	Cornstock	-	3/27/2003
4413	Thanks for your input. I will check into it. I appreciate all replies. randy	jetcityrandy	-	3/26/2003
4412	It sounds like you did a "proper" wash sale calculation, claiming no l	Dan Duchardt	-	3/26/2003
4411	Dan, maybe I'm missing something but I just did the calculation on the wash	Cornstock	-	3/26/2003

Go to reply# or date (mm/dd/yy):