Janitor Bob Posted April 5, 2011 Report Share Posted April 5, 2011 Client's IRA had a bunch of transactions in 2010....over 150 seperate transactions with 85 different CUSIP numbers. In the end, she had a total gain of $1,273. Is there any way to enter this as one transaction with proceeds, basis, and gain or do I actually need to individually enter 150 different transactions? Option two will take a ton of time that I do not have and I'll never be able to charge this elderly client enough to get my time out of it. I'm not sure what this fund was doing, but in many cases, they sold the same stock 3 times in the same week. I appreciate your advice. Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 5, 2011 Report Share Posted April 5, 2011 Just curious, why would you be reporting transactions within an IRA? I never list cusip, just securities and shares. Finally, if these must be reported, have you tried to get a csv file from the brokerage firm? This was a discussion just yesterday, I think. Quote Link to comment Share on other sites More sharing options...
Janitor Bob Posted April 5, 2011 Author Report Share Posted April 5, 2011 Just curious, why would you be reporting transactions within an IRA? I never list cusip, just securities and shares. Finally, if these must be reported, have you tried to get a csv file from the brokerage firm? This was a discussion just yesterday, I think. That's it.....my brain is officially fried.....I can't believe I just asked this question about transactions within the IRA....Not sure I'm gonna make it 13 more days! at least without a lot of very strong drinks Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 5, 2011 Report Share Posted April 5, 2011 Go get 'em JB! The strong drinks, I mean! Quote Link to comment Share on other sites More sharing options...
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