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Stock Quote NowStock Quote Now Here is a new stock quote tool I just finished developing. In the next version, I will add RSI7 chart. Try your favorite stock symbol one at a time. My favorites are BA,SU, and AAPL. [stock-quote-detail...

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Dollar is down, market is up Recent hike in the stock market lasted several weeks convinced me to stay in the market for awhile longer. Many professional stock blogers mentioned that there is a high possibility of bear market coming...

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Buy Sell Stock Alert 10/21/2009 Today the market was not in good mood even after good earning news from Apple (AAPL). This is somewhat similar to the scenario predicted by Mr. Bill Cara's in his today's blog article. Is today the day...

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Walmart Launches Wireless Solution and it's cheapWalmart Launches Wireless Solution and it's cheap Wow Walmart store is about to launch a Cheap Non-contract Wireless solution starting October 18, 2009! Straight Talk "All You Need" 30-day Plan that includes the following for only $30...

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Quality Stocks to watch - buy on dipsQuality Stocks to watch - buy on dips This is a quality stock recommendation to buy when they are low and I totally agree. Support = buying support ( where buyers are likely to be located ), Resistance = selling resistance ( where the sellers...

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Active Stock trader’s Nightmare-TAX Report Wash Sales

Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 03/26/2007

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I am using this Tax Return Preparation Software for about 3 years now. Before that time, I went to CPA for the help, but I had some arguments with one of the CPAs and decided do it by myself.

Preparing Tax Return was not an easy task at first, but I am kind of used to it and feeling comfortable. I was able to finish it off within few hours.

But this year, I have lots of trading transaction entries in my 1099-B form and the software I am using does not provide the functionalities to calculate the Wash sale. So I just spent 6 hours try to understand what is the Wash Sale and how to calculate them.

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