I think some of us were attaching broker summaries of gains
and losses and using the totals from those on schedule d.
Some brokers are still not issuing gain and loss summaries,
but most do. Sometimes the broker summary totals need to be
adjusted (eg, sometimes they put "NA" in the cost column for
a specific item, meaning their total cost figure is not
inclusive of all transactions).

I just received a bulletin from Lacerte that indicates
continuing to attach summaries and carrying the totals to
schedule d is permissible, as in prior years.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

I see that the IRS has stated in the instructions that every
trade must now be reported. I've been doing this for years
(attaching a spreadsheet of my trades). I was surprised to
see that a clarification had to be issued...just who was NOT
reporting the details before? Maybe I missed out on doing it
the easy way!

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >