Capital gans or lossess

[Andy Petro]

Daily traders or frequent traders may trade over a 100 trades in a year. How
do they keep track of or report their trades showing capital gains or losses
on their tax form.



---
This email is free from viruses and malware because avast! Antivirus protection is active.
http://www.avast.com

[Sharxster]

Post by Andy Petro
Daily traders or frequent traders may trade over a 100 trades in
a year. How do they keep track of or report their trades showing
capital gains or losses on their tax form.

I track my trades using a software program called Quicken Home and
Business 2014. At any time
I can produce a Realized Capital Gains/Losses Report which as all
the data that I need
to properly prepare my income tax return. No dif whether you live
in Canada or the U.S.A..
Also, most credible financial institutions will, or SHOULD produce
and supply an annual
statement of Realized capital gains/losses. This is often attached
or comes with the annual statement
from the financial institution. I receive my near the end of
February...plenty of time to compare
to my Quicken statement for any differences.

David

Post by Andy Petro
---
This email is free from viruses and malware because avast!
Antivirus protection is active.
http://www.avast.com

[Tony]

Why ya daft cunt all that matters is the bottom line which is did you
make or lose money for the year after commissions?

Post by Sharxster

Post by Andy Petro
Daily traders or frequent traders may trade over a 100 trades in
a year. How do they keep track of or report their trades showing
capital gains or losses on their tax form.

I track my trades using a software program called Quicken Home and
Business 2014. At any time
I can produce a Realized Capital Gains/Losses Report which as all
the data that I need
to properly prepare my income tax return. No dif whether you live
in Canada or the U.S.A..
Also, most credible financial institutions will, or SHOULD produce
and supply an annual
statement of Realized capital gains/losses. This is often attached
or comes with the annual statement
from the financial institution. I receive my near the end of
February...plenty of time to compare
to my Quicken statement for any differences.
David

Post by Andy Petro
---
This email is free from viruses and malware because avast!
Antivirus protection is active.
http://www.avast.com

--
The Grandmaster of the CyberFROG

Come get your ticket to CyberFROG city

Nay, Art thou decideth playeth ye simpleton games. *Some* of us know
proper manners

Very few. Ya know ahh, ahhh I used to take calls from *rank* noobs but
got fired the first day on the job for potty mouth,

Bur-ring, i'll get this one: WHAT'S YOUR PROBLEM JERK!!? We're here to
help you dickweed, ok, ok give the power cord the jiggily piggily
wiggily all the while pushing the power button repeatedly now take
everything out of your computer except the power supply and *one* stick
of ram. Subscriber asks will that fuckin' work? I guaranDAMtee it. Ok
get the next sucker on the phone.

I'm not Sam Hong but we both hate Roxio. Sam Hong pulled Roxio's Dong!

There's the employer and the employee and the FROGGER and the FROGEE,
which one are you?

Hamster isn't a newsreader it's a mistake!

El-Gonzo Jackson FROGS both me and Chuckcar (I just got EL-FROG-OED!!)

All hail Chuckcar the CZAR!! Or in F-R-O-Gland Chuckcar laFROG laCZAR,
ChuckZar!!

I hate them both, With useless bogus bullshit you need at least *three*
fulltime jobs to afford either one of them

I'm a fulltime text *only* man on usenet now. The rest of the world
downloads the binary files not me i can't afford thousands of dollars a
month

VBB = Volume based billing. How many bytes can we shove down your throat
and out your arse sir?

The only "fix" for the CellPig modem is a sledgehammer.

UBB = User based bullFROGGING

Colonel Debeers refuses to wrestle a black man

Master Juba was a black man imitating a white man imitating a black man

Always do incremental backups of your data or you'll end up like the A
To Z(Zee)-Holes at DSL Reports. Justin says i made a boo-boo. Yeah
boo-who.

Updates are for idiots. As long as the thing works there's no reason to
turn
schizophrenic and develop a lifelong complex over such a silly issue.

You don't have to be "stink-bottomed" to post on this newsgroup

AIOE put can.internet.highspeed on the banlist to give other people a
chance to snag the "Furst Poast" of the day

Anyone who disagrees with me gets FROG tape over their yapper

Adrian "jackpot" Lewis is a mama's boy!

Jimmy Fricke is good for the game of poker

Using my technical prowess and computer abilities to answer questions
beyond the realm of understandability

Regards Tony... Making usenet better for everyone everyday

This sig file was compiled via my journeys through usenet

[Alan Bowler]

Post by Sharxster
I track my trades using a software program called Quicken Home and
Business 2014. At any time
I can produce a Realized Capital Gains/Losses Report which as all
the data that I need
to properly prepare my income tax return. No dif whether you live
in Canada or the U.S.A.

Actually, there is some difference. The US has some funny
rules about whether a trade is considered a capital gain,
and the tax rate depending on how long the stock lot is held.
Also, Canada tracks capital gains based on average cost
for the shares sold; the US does it by share lot.
That makes a BIG difference in the amount work.

Personally, I just use some spreadsheets. Being of the
buy-and-hold-forever school, I just don't have enough
trades to need anything fancier.

[Tony]

I've made over 100 trades in one business day. All that's left in the present market is day
traders, short sellers and the rest are idiots.

Post by Andy Petro
Daily traders or frequent traders may trade over a 100 trades in a year. How
do they keep track of or report their trades showing capital gains or losses
on their tax form.
---
This email is free from viruses and malware because avast! Antivirus protection is active.
http://www.avast.com

--
The Grandmaster of the CyberFROG

Come get your ticket to CyberFROG city

Nay, Art thou decideth playeth ye simpleton games. *Some* of us know proper manners

Very few. Ya know ahh, ahhh I used to take calls from *rank* noobs but got fired the first day
on the job for potty mouth,

Bur-ring, i'll get this one: WHAT'S YOUR PROBLEM JERK!!? We're here to help you dickweed, ok,
ok give the power cord the jiggily piggily wiggily all the while pushing the power button
repeatedly now take everything out of your computer except the power supply and *one* stick of
ram. Subscriber asks will that fuckin' work? I guaranDAMtee it. Ok get the next sucker on the
phone.

I'm not Sam Hong but we both hate Roxio. Sam Hong pulled Roxio's Dong!

There's the employer and the employee and the FROGGER and the FROGEE, which one are you?

Hamster isn't a newsreader it's a mistake!

El-Gonzo Jackson FROGS both me and Chuckcar (I just got EL-FROG-OED!!)

All hail Chuckcar the CZAR!! Or in F-R-O-Gland Chuckcar laFROG laCZAR, ChuckZar!!

I hate them both, With useless bogus bullshit you need at least *three* fulltime jobs to
afford either one of them

I'm a fulltime text *only* man on usenet now. The rest of the world downloads the binary files
not me i can't afford thousands of dollars a month

VBB = Volume based billing. How many bytes can we shove down your throat and out your arse
sir?

The only "fix" for the CellPig modem is a sledgehammer.

UBB = User based bullFROGGING

Colonel Debeers refuses to wrestle a black man http://youtu.be/T3-o_dPhbGI

Master Juba was a black man imitating a white man imitating a black man

Always do incremental backups of your data or you'll end up like the A To Z(Zee)-Holes at DSL
Reports. Justin says i made a boo-boo. Yeah boo-who.

Updates are for idiots. As long as the thing works there's no reason to turn
schizophrenic and develop a lifelong complex over such a silly issue.

You don't have to be "stink-bottomed" to post on this newsgroup

AIOE put can.internet.highspeed on the banlist to give other people a chance to snag the
"Furst Poast" of the day

Anyone who disagrees with me gets FROG tape over their yapper

Adrian "jackpot" Lewis is a mama's boy!

Jimmy Fricke is good for the game of poker

Using my technical prowess and computer abilities to answer questions beyond the realm of
understandability

Regards Tony... Making usenet better for everyone everyday

This sig file was compiled via my journeys through usenet