Just received my Datek 1099. It only shows the SELL side of the transactions, greatly inflating the "line 2" amount! When I called their helpdesk, they said I would have to match the BUY side transactions myself!Does this sound right? I can't imagine trying to resolve that with the IRS.
Absolutely standard. When you bought each stock, they sent you a confirmation. When you sold, they sent another one. You match those up and for each transaction note a profit or loss. Each pair goes onto Schedule D. The IRS knows this is the way these things are done so you do not have a problem. Regards, Chris
Plus, Datek sends you an e-mail confirmation as well.jh
My DATEK 1099 only lists about 20 Sell transactions of the 140 Sell transactions in 1999. This is a play (non-IRA) account with a lot of activity.Any ideas?Ed
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