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worksheet for tax - shares and options trading

Discussion in 'Accounting, Tax & Legal' started by Punter, 29th Aug, 2008.

  1. Punter

    Punter Punter

    29th Jun, 2006
    I recently started investments in options and landed buying some shares as my options were exercised.

    I set up a separate bank account for this trading. I thot I can just keep track of how much money was there on 1st jul 07 and 30 jun 08 and then adjust any transfers from and to this account! Thus I can tell my accountant how much I made or lost in the last financial year.

    But alas, life is not as easy as I thot. I did make a good money initally and then lost a hell of a lot. I am left with holding some shares in loss.

    Any one can help with an easy worksheet that can produce a report that my accountant wants? I do have annual summary reports from etrade. With the loss that I made, I do not have any enthu to make a new worksheet on that loosing business.

    Thanks in anticipation.