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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 121565  
Subject: Re: First 1099 of 2003 Date: 2/8/2003 9:49 PM
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Yes, homegrown spreadsheets - but there's not a lot of automation
involved.  A spreadsheet simply provides a convenient fixed format.
My basis spreadsheet looks something like this (one worksheet for
each stock):

  Date    Buy     Price      Sell     Price     Basis    Gain/Loss

04/02/01  100    2817.00    
07/09/01  150    4133.00
01/12/02  150    3864.00
12/13/02                      200    6112.18   5572.33    539.85


The entries are made immediately after the transaction.  The only 
tricky bit is the basis on the sale, where you have work your way
down the buy columns to find the shares sold (I always do FIFO).

And as I noted earlier, after each sale I immediately make a Sch D
type entry in another worksheet, e.g.,

Description  Acquired     Sold    Price    Basis    Gain/Loss

200 sh XYZ    Various   12/13/02   6112     5572       540

After the last sale of the year, this sheet is a filled in Sch D-1.

So it may not be fully automated, but it is well-organized!  

I use Quicken for checking/savings account.  I track investments
there as well, but only as a sort of backup.  The spreadsheets
hold all the data I need for tax reporting.

Lorenzo 
   

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