The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: 1099 Tactical Question||Date: 1/21/2013 12:11 PM|
|Author: TMFPMarti||Number: 117467 of 121333|
Is it acceptable to the IRS (in the sense that it'll cause minimal confusion) to aggregate each of the lots into the single buy/sell order in which they were entered, or must I enumerate each lot as the actual confirmations delineate?
Also, can I use stock symbols, or should I use the company name?
Do at least one entry for each sale shown on the 1099-B. If you purchased what was sold on more than one purchase date you can combine purchases and use "various" for the date. You must still separate between long- and short-term, though.
I use symbols.
Rule Your Retirement Home Fool
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|