Comments on: How do I do my taxes if I bought and sold stock and have an accountant? http://www.andersoncompositesquadron.org/composite-stock/how-do-i-do-my-taxes-if-i-bought-and-sold-stock-and-have-an-accountant/ Sat, 19 May 2012 06:05:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ted http://www.andersoncompositesquadron.org/composite-stock/how-do-i-do-my-taxes-if-i-bought-and-sold-stock-and-have-an-accountant/#comment-703 Ted Sat, 31 Oct 2009 21:17:59 +0000 http://www.andersoncompositesquadron.org/composite-stock/how-do-i-do-my-taxes-if-i-bought-and-sold-stock-and-have-an-accountant#comment-703 The accountant will need the 1099B from the broker showing the closed positions. He will also need to know your cost basis. This means he will need copies of one of the following - the trade confirmation of the purchase (this is preferred) - the monthly statement showing the purchase - any monthly statement showing the cost basis (not all brokers provide this info on the continuing statements) - a report from your broker of the cost basis of all your closed positions (not all brokers provide this extra report)<br><b>References : </b><br> The accountant will need the 1099B from the broker showing the closed positions.

He will also need to know your cost basis. This means he will need copies of one of the following
- the trade confirmation of the purchase (this is preferred)
- the monthly statement showing the purchase
- any monthly statement showing the cost basis (not all brokers provide this info on the continuing statements)
- a report from your broker of the cost basis of all your closed positions (not all brokers provide this extra report)
References :

]]> By: jeff410 http://www.andersoncompositesquadron.org/composite-stock/how-do-i-do-my-taxes-if-i-bought-and-sold-stock-and-have-an-accountant/#comment-702 jeff410 Sat, 31 Oct 2009 21:01:59 +0000 http://www.andersoncompositesquadron.org/composite-stock/how-do-i-do-my-taxes-if-i-bought-and-sold-stock-and-have-an-accountant#comment-702 Yes, and make sure he has the date and amount of your purchases too. The 1099b only has the sales proceeds. Sometimes the broker includes your purchases too.<br><b>References : </b><br> Yes, and make sure he has the date and amount of your purchases too. The 1099b only has the sales proceeds. Sometimes the broker includes your purchases too.
References :

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