Active traders using TurboTax?

Discussion in 'Taxes and Accounting' started by gd2356, Feb 6, 2007.

  1. nikos74


    yup, tax time is definately a pain.

    What i did last year is i bot quicken and imported my IB trades, then imported them into turbo tax online.... could not e-file thinking its because i had alot of trades, so the end result was i printed out the return and mailed it...

    hope it helps...
    #11     Feb 6, 2007
  2. hajimow


    Last year I did the same. I combined all the trades in one stock and used "variable " for both purchase date and sell date but TurboTax did not accept it. Then I put a fake date for my sell dates.
    #12     Feb 6, 2007
  3. Really? I had variable for both purchase and sale on several stocks. Did you make sure you forced it to be long or short term? When both are variable you have to force one or the other.
    #13     Feb 6, 2007
  4. hajimow


    I tried it a couple of times last year. Now that you say, I am going to give it another shot. Thanks
    #14     Feb 6, 2007