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Author: lorenzo2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Investment TAX ????? Date: 1/4/2002 6:04 PM
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Should I record each sale on the Sched. D or can I summarize the sales into one entry?

"various" is fine.


I think this is wrong. If you sell 100 shares of stock purchased in two separate 50-share chunks on two different days, you can certainly say "various" in the date acquired column, and add the purchase costs together to get an aggregate basis. But you have to keep the sales separate, one Sched D entry for each sale. That is, you can't aggregate sales and put "various" in the sale column. After all, the IRS is notified that you received X dollars from a sale of ABC on a certain date, and they want to be able to find that amount in the "sales price" column of Sched D.
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