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How can you do your taxes if your trades are not executed?
by msmith10101 8y ago
How can you do your taxes if your trades are not executed?
- tedunangst 8y agoYou use the numbers provided by your broker at the end of the year.
- msmith10101 8y agoSo the IRS has no way of validating these numbers (they do require brokers to provide the numbers these days)? Overall I'm just not buying that this story is true, in other words.
- ajdlinux 8y agoWhat makes you think the operators are giving correct numbers to the IRS, or that the IRS would necessarily detect something like that on a fairly small scale? (I have no idea how any of this works, but I would assume that if they're willing to defraud their own customers they're probably not acting entirely above board on the associated tax paperwork either.)
- msmith10101 8y agoI just think this story is not worth talking about. Two people created a fake website. That is the story. This is a span story.
- marketgod 8y agoI don't know about the IRS, but in Canada, your accountant can see every stock you bought by just accessing your tax file, even if you haven't filed taxes. They just can't see when you sold.