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Re: omegahpla post# 400

Tuesday, 12/29/2009 12:23:19 PM

Tuesday, December 29, 2009 12:23:19 PM

Post# of 585
Since all your trades were short-term, and you're not dealing with wash sales, only two lines are needed on your Schedule D, Line 1:

col a: Scottrade
col b: Various
col c: Various
col d: Total proceeds from Scottrade
col e: Total cost of Scottrade stocks

col a: Harmon
col b: Various
col c: Various
col d: Total proceeds from Harmon
col e: Total cost of Harmon stocks

column d amounts should match total proceeds on 1099-B's you'll get from brokers.

Deductions not related to particular trades are likely investment expenses (reported on Schedule A, Line 23) - except investment interest expense, which goes on Form 4952.

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