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Financial Planning / Tax Strategies


Subject:  Turbo Tax Date:  3/6/2006  4:00 PM
Author:  numchuks Number:  84712 of 127642

I am using Turbo Tax for the first time this year. I like the program thus far, but have hit a little bump on the road.
I held a stock for 8 years and sold it last year. In Turbo Tax, it asks me to input the "first time bought" and all the reinvested dividents. Do I have to go back and dig 8 years of information, or am I missing something? It seems a little absurd that they need all that detailed information, considering it was all summarized on 1099-DIV and 1099-B forms over the years.

I hope this makes sense.

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