The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  keeping records of investment trades Date:  4/30/2000  3:20 PM
Author:  HappyPants Number:  35183 of 127516

For the purpose of keeping tax records of trades, does the IRS require keeping the trade confirmation slips, or are the monthly statements from the brokerage enough?

I did look through the Fool Tax FAQs and also took a look at the Fairmark press web site. I also looked at Publication 550, Investment Income and Expenses.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us