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Financial Planning / Tax Strategies


Subject:  1099 Tactical Question Date:  1/21/2013  11:52 AM
Author:  bacon Number:  117466 of 128289

I'm starting my tax form prep, perhaps jumping the gun since I haven't received any 1099s yet. But I do have all the trade confirmations.

My question is this, and it's tactical only. I often buy shares of stock in order sizes that TDA winds up completing in more than one lot. When I sell these positions to clear them, the single sell order also often gets executed in multiple lots. And, of course the buy and sell lots don't line up except in their total.

Is it acceptable to the IRS (in the sense that it'll cause minimal confusion) to aggregate each of the lots into the single buy/sell order in which they were entered, or must I enumerate each lot as the actual confirmations delineate?

Also, can I use stock symbols, or should I use the company name?


Eric Hines
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