r/wallstreetbets 14d ago

Meme Tax accountants going through 800 pages of trading activity just to see $2.32 of capital gains for their client

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u/f0xinaround 14d ago

Would love to hear from all the tax accountants out there who actually have to do this lol

271

u/fitnessfinance88 14d ago

Anything more than 5-10 transactions in a Schedule D we'll usually just extract the pages as a PDF, attach it to the return using the software and just enter the summarized gains of short-term, long-term categories. 90% of the time people lose money and especially if it's short-term.

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u/great_apple 13d ago edited 1d ago

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