Hello -- I am sorry to ask these, as they are probably in the Tax Strategies FAQ. But, my computer doesn't like the FAQ today.. don't know why. So, here are my questions:1.) Is Buying a stock a "non-event?" I am getting together stuff for my accountant, and I would think he is only interested in the stock sales, and amount of profit or loss? If I bought a stock in 2000, and have not sold it yet, do I need to list that for him at all? Or should I just wait until the year the stock is sold in? And give him that information then?2.) Also, for my accountant, do I need to list transaction fees separately? If I bought a stock and Datek charged me $9.99 -- is that a separate event? Or can I just put it in with the cost of the shares. (Datek includes this $9.99 in with the amount of the stock -- If I buy a stock that is $100, and buy 10 shares, for $1000, on my Datek statements the amount is $1009.99) On the actual tax forms that go to the IRS, are these fees listed separately? Does my accountant need these separately? (Also, I have this same question when selling a stock and the fees.)3.) Terms for owning stocks and tax percentages? I believe that stocks are divided into 2 categories -- long term and short term? With long term being anything over 12 months, and short term being less than a year? Is this correct? And there are different tax rates for these? So, I should separate out these for the accountant? Are losses treated with different percentages depending on how long the stocks were held?I certainly don't have that many stocks that were bought and sold, but I would like to get something decent looking and correct to the accountant, so as not to look like an idiot... Thanks!Footsox
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