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I am what they call a "newby" to the stock maket and to filing stock transactions. I tried my hand ( all be it , unsuccessfully) at Day trading a couple of times.
My statement looks like I had 14 transactions with a total LOSS of $1,747.08. How do i report this and on what form do I use? Do I need to report my transaction fees & where? These were all "short-term" stocks. I understand that the IRS receives records for my securities sold, do I need to list each of my securities bought or just the sum total amount of net cost of securities purchased? I am obviously lost, so any help would be greatly appreciated> Thank You.
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