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Subject:  Consolidated 1099 - Capital Gains? Date:  2/5/2000  6:36 PM
Author:  bcramer520 Number:  27366 of 132713

1999 was my first year of investing. I received the "1999 Consolidated Form 1099" from my on-line broker (Suretrade). In the transactions section, it lists all the sales of stocks I made for the year. However, the only dollar amounts included are the total sale value of each transaction. There's nothing on the CAPITAL GAINS. It looks like I made 100% return on all my stocks!

For example, I have one stock that I bought for a total dollar value of $718, then sold for $912. The form from Suretrade only includes the $912 total sale value, not the $194 of actual capital gain. Is this the way the 1099 form is supposed to work? Or is there a regular form I haven't gotten yet, as opposed to the "Consolidated" form?

Thanks, Ben (bcramer520)
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