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Is there a more efficient way to record stock trades on Schedule D than hand writing or typing each and every one individually? Thanks!
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<< Is there a more efficient way to record stock trades on Schedule D than hand writing or typing each and every one individually? >>

Each sale must be listed.

This is one of the places where I recommend tax preparation software. Once you develop a rhythm, it goes quickly.

Phil Marti
Tax Preparer
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<< Is there a more efficient way to record stock trades on Schedule D than hand writing or typing each and every one individually? >>

Each sale must be listed.

This is one of the places where I recommend tax preparation software. Once you develop a rhythm, it goes quickly.

Phil Marti
Tax Preparer


You can also use your spreadsheet program to generate two lists: short term gains/losses and long term gains/losses. As long as the lists contains the same information and in the same order as on Sch D and the Sch D continuation sheets, the IRS will accept them.
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Is there a more efficient way to record stock trades on Schedule D than hand writing or typing
each and every one individually? Thanks! </>

NO. However, we have developed an Excel97 spreadsheet to make it easier, compute the P/L, find your WashSales,ShortSales and Constructive Sales, adjust them, and print the D-1s for attachment to your 1040 D. e-mail me at D1@edcosoft.com if you're interested. Ed
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Thanks Phil and Wally for the info.......gonkar
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if you are a day trader and have 1500 transactions during the year, the tax preparer would have you list all transactions. Get real help because you will qualify under certain irs rules, and there would be a real simple answer to your problem.
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