1099 & Sched D's from IB and TradeStation

[fhl]

Quote from Opra:

Brokers only provide 1099 forms. Sched D is your responsibility

Half right, my friend.

IB provides sch d. The big question is, unlike last year, will the sched d be right. Will the sales on sched d add up to the same amount as on 1099. And of course, will the gain or loss be right.

The half you were right on is that sched d is ultimately your own responsibility.

 

[JackR]

Looks as though IB missed the 1099 date of 31 January. Anyone find theirs available?

Jack

 

[JackR]

Well - The 1099's just appeared.

However, I think they may have messed up the "Total ordinary dividends" vs the "Qualified dividends".


Jack

 

[newbunch]

Quote from JackR:

Well - The 1099's just appeared.

However, I think they may have messed up the "Total ordinary dividends" vs the "Qualified dividends".


Jack

I got so upset with the qualified dividends crap and the Schedule D that I switched entirely to futures trading (I only did ETFs last year). I can't wait until next year when I only have to enter two lines in TurboTax (interest income and futures profit).