RE: Survived another tax season...I think

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I was told that if you have $500.00 or more in capital gaines then it was not something you had to worry about for taxes. Is that right or not?

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Maybe.

But, you always report it. Them making you pay for it is a whole other story.

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ok thank you. When reporting it do you just run off the report of gains and losses and take to the tax preparer?

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I use tax preparation programs like TurboTax. Upload the data and be done.

A tax preparer can check the work at the end.

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