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zevo

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Everything posted by zevo

  1. smoke screen...trent richardson will be the pick
  2. i just finished up with turbo tax...fortunately turbo tax syncs right up with companies like etrade and scottrade so everything was imported without problems...thanks for your help bark
  3. is the amount that was already taken out for taxes in the sale included in my w-2 as well? I use turbo tax and I wonder if i can just import it all through the program.
  4. I sold some company granted stock options in december....The net value was like 720$ and then taxes were taken out through that when the sale was made so ended up with roughly 400$ cash....My W-2 shows the 720$ Net amount from the transaction. My question is...is this the only number I have to utilize in doing my return? I was sent a Tax document from Etrade form 1099-B That has a sales value of 4,415$. That was from the sale of the options but my net gain was the 720$...Is the 1099-B form value just for if my company did not report the Net gain on my W-2? This is the first time I have ever sold any stock options...any advice would be appreciated.
  5. http://www.buffalobills.com/news/article-1/Bills-2012-pick-for-Lynch-improves-to-a-5th/aa6328f6-4a32-4413-8f4d-6160bf4daf23
  6. anyone find it curious that the pats have $6.66 million....
  7. wow...that was a pretty cool story
  8. Ingram is really an amazing talent....I watched some video on the guy....he has hands like a receiver and incredible speed....i guess he knock on him is short arms....SC used him on the hands team....fake punts...
  9. WTF wouldn't an NFL Player want to be a starter! Nothing to see here....move on!
  10. maybe we need some input from nevergiveup???
  11. we all know whitney sucked and is a puss. just let it go. we are way better off without him
  12. Translating buddy Nix: we will do anything and everything to draft justin Blackmon
  13. not that there is anything wrong with that...
  14. Am I strange for thinking this too
  15. Bill Maher is an ugly loser
  16. that was fun...he seems to be a leader already...he is getting double and triple teamed....he is gonna be a good one
  17. R U FRIGGIN FOR REAL?
  18. GAWD we gotta finish ahead of the skins and dolphins also if we missed out on blackmon by one pick i would be pissed
  19. That is the way I interpret it...Thanks
  20. "For example, say you purchase 100 shares of XYZ for $25 per share on Feb. 10. Nine days later, on Feb. 19, XYZ drops to $22 per share and you sell your 100 shares. You have a capital loss of $3 per share, or $300, which may be tax-deductible. If on Feb. 26 you bought the same security for $22.50 per share, this would be considered a wash sale because you sold and repurchased shares of the same stock within only a few days. Without the wash sale rule, the result would be that you could possibly have a tax deduction for your loss, but you would still own the shares, which is why it's sometimes called an "artificial" loss. With the wash sale rule in place, the loss is deferred until the replacement shares are sold. In this example, that means your $300 loss would be added to your cost basis on the shares you repurchased on Feb. 26 to get an accurate capital gain/loss figure when you sell those shares." This is from my scottrade account regarding wash sales...... So basically if you re-purchase the same amount of shares that you sold within 30 days of selling, your losses just get added into the cost of the shares you repurchased. So basically by the end of the year, if you have no shares, then it should all be squared and my net loss that is shown should be accurate and able to be deducted.... This is what i am trying to confirm.....I apologize for my redundancy in any of this....I am not an accountant by any stretch..... but thanks for the replies.
  21. ugggghhhhh......I usually use turbo tax to do my taxes but I may have to go seek a professional all because I thought it would be fun to dabble in trading biotech's.....lesson learned....all that I know is that my scottrade account has tallied a realized loss for the years at around 2,000$.....
  22. its still very confusing....but I think that as long as you have zero shares (meaning you sold off any shares that would be considered "replacement shares") that your net loss is fully tax deductible. I think the problem comes in if you still own some shares. But thats where my confusion comes in. Just thought someone on the board had some experience with this situation.
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