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<p>[QUOTE=&quot;Rono, post: 1062291, member: 6492&quot;]I was contacted by scottrade for the first time this year about them requesting my cost basis for a couple of stocks I sold this year.&nbsp; Works for me as it makes electronic downloading of tax data easier.&nbsp; Been using turbotax for years and it&#039;s getting easier.&nbsp;&nbsp; As for the 1099 reporting for asset sales, I&#039;d just like to see the dollar amount changed to something reasonable - either $5K or $10K.&nbsp;&nbsp; Otherwise, the paperwork will far outweigh the gains.&nbsp; Hell, they do it with &#039;garage sale&#039; transactions now.&nbsp; Well, I hate to break it to you, but in reality, less than $5K in the grand scheme of things is garage sale.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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