Seth Breidbart wrote:
- quote -

Since OP mentioned he is/was a "daytrader", wouldn't that
make it a business for schedule c? I ask cause I don't
know. but if schedule c can apply then one could simply
aggregate sales as receipts and (matching) purchases as cost
of sales.

ChEAR$,
Harlan Lunsford, EA n LA
Thurs 16 Feb 2006 at happy hour.

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daddymunchkin[at]aol.com wrote:

- quote -

most snipped here.

Actually it's just impossible for anybody here to give you
even a rough ballpark estimate. It's going to take time to
prepare your return, and time is money.

- quote -

But I do thank you for posting the above. It's been a
really HARD day at the tax factory, and I needed a laugh.

ChEAr$,
Harlan Lunsford, EA n LA
Wed 15 Feb 2006 happy hour

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daddymunchkin[at]aol.com <daddymunchkin[at]aol.com> wrote:

- quote -

Does Scottrade make Gainskeeper available to you? (Or can
you buy it yourself and download your trades into it?)
That's a lot easier than doing a Schedule D by hand.

Seth

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<daddymunchkin[at]aol.com> wrote:

- quote -

From the sound of this - it appears that your Schedule D is
the problem. If you're just dropping your statements on my
desk and not producing a schedule and a matching of trades
your got easily a $1,000+ bill just for the schedule D -
perhaps 2 or 3 depending on completeness.

On the otherhand if everything is organized with buy and
sell dates and correct basis amounts you could be looking at
as little as $500 - though I seriously doubt it with the
amount of trades you've described.

Rgs,

Mark

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I am looking for a rough ballpark figure as to what it might
cost me to have my taxes done this year by a tax
professional, perhaps by H & R Block, or by somebody else.

Here's the bad news.

Due to financial emergencies last year, I sold off about 50
mutual funds. I didn't have the common sense last year to
use a broker. Instead, I bought each fund directly from the
fund company itself. That means I have about 50 separate
Form 1099s.

In addition, I took up a bad habit last year.

Daytrading.

According to my big thick Scottrade 1099 and end-of-the-year
statement, I made about 500 stock sales last year. That
means that my tax preparer has to figure out my gain or loss
on each sale and determine which ones are wash sales. Or
maybe I can do that part myself and save my tax preparer
time.

I will be itemizing my deductions and estimate that my total
deductions will be approximately $25,000. The bulk of this
includes medical and dental expenses.

Based upon what I have described above, can anybody give me
a rough ballpark figure, plus or minus, say, $200 or so,
what the total cost of having such a return done for me.

If you are a tax preparer, what might you consider charging
for a return like this?

Thanks in advance.

By the way, for whatever it's worth, I have a 25% off coupon
for H & R Block.

Best Regards,

Munch

<< ================================================== ===== > << 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. > << ================================================== ===== >