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balihi

08/28/10 6:47 PM

#3414 RE: art35 #3411

Same thing,just one more step involved.

balihi

08/28/10 7:00 PM

#3415 RE: art35 #3411

Correction,my mistake..sorry you are wrong,you broker does report you trades to the IRS,unless my broker lied to me in print on my 1099....."This is important tax information and is being furnished to the Internal Revenue Service.If you are required to file a return,a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported".