Great - that's what I thought, but wanted to make sure with the super volatile market action lately. thanks for your reply.
sorry, thought this was the interactive brokers forum - I'm referring to the IB iphone app
When using the iphone trading app, what do I need to look at to determine the total amount of money in my account, if I also have margin debt? I...
I have purchased some Canadian, Swiss, and European stocks; rather than pay interest on these, I would like to buy currency to cover the amounts....
My mistake. Thought I was posting this in the Interactive Brokers forum, but now realize I did not. If an admin could move the thread, I'd...
Thanks for your replies. Fortunately I think I have been able to figure out how to report the transactions using Turbotax. For whatever reason -...
I'm trying to find out where I can access the most detailed information about margin use on my account. Looking at my statement under cash detail...
I'm using Turbotax and currently trying to figure out the USO k-1 and I'm totally lost. IB has left all of the cost basis boxes blank for me to...
Thanks overnight. That seems so much simpler to deal with! Makes me want to only trade 1256 contracts!
Stumped by one thing I need to figure out before I can finish my taxes. I received a 1256 worksheet from IB which shows realized P&L for several...
I recently did some currency trades all of which I closed but negative balances of varying amounts in those currencies appear in my "cash...
I am able to trade on the Hong Kong exchange in my IB account, but there are some stocks which are not listed on this exchange and appear to...
I trade some VIX product options (SVXY, UVXY VXX, VIX). In previous years if I remember correctly when I imported my IB info into Turbotax, it...
I have a permanent loss of two wash sales due to a repurchase of the same security in my IRA account. Had I understood the tax ramifications of...
Since no one replied to this I am going to relay the information I got here. I confirmed this with two different brokers, so trust it is correct....
I'm trying to figure out if I need to do any extra work with wash sales for stocks which I sold out of by eoy to make sure my proceeds are...
One of the main reasons I wanted to do it at all was to contribute to my IRA, which is really lagging my other accounts because it is...
spr, The two accounts I have been trading that stock in are individual accounts, Actually, now that you mention it I do have some of the same...
I know based on what I've read that I do qualify for trader tax status. Not only do I trade regularly through the week but ALL my income comes...
So basically, if you're trading that same security in an IRA, make sure it's a winner--never sell for a loss! lol.
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