day trading,day trader,stock

1099 Stock Form?????????

By a day trader | Published: 2010/02/09

Hi all i was planning on doing my own taxes this year online through H&r block i have a disk that you use… Well i have stocks and i cashed out twice in 2008 does it tell you how to put in the info for your stocks while doing the taxes online or am i **** out of luck and have to pay all that money again for someone else to do it just because of this damn form?

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3 Comments

  1. lp101417
    Posted 2010/02/09 at 2:36 am | Permalink

    Use schedule D ….. You will need to know the basis in the stock(what you paid for it) when you bought it, when you sold it ( to determine long or short term) and how much you sold it for ( to realize gain or loss). This info should carry to page 1 of the 1040 for you,

  2. Anonymous
    Posted 2010/02/09 at 7:23 am | Permalink

    ..Software should walk you through and you can read help screens or search through the software how to enter your entries..!! But if you can’t figure it out…I would rather do them rite than screw them up..!!

  3. Soramdar
    Posted 2010/02/09 at 10:57 am | Permalink

    As long as you have all of your info the software will probably walk you th

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