Disclaimer and Warning - From Bob Parrish CPA, P.C.
Remember........"You can have everything in life you want, if you just help enough other people get what they want." -Zig Ziglar.
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Must I report the detail of all my trades and sales on the form 1040 Schedule D?
The IRS and the law require that the tax reporting show sufficient detail to compute the correct gain or loss and determine whether the gain or loss is in compliance with the law.
The reporting may be made on Schedule D, Schedule D-1 or an exhibit of your own choosing that shows the same information as Schedule D or D-1.
The reporting must be made to show each individual sale with the exception of selling a "block" of a security - such as a block of Common Stock, a block of Mutual Fund Share, or a "block" of debentures in one transaction. However - even in the case of selling a large number of shares in one sell ticket, the reporting must be split between the long and short term gains.
Refer to the IRS instructions for this Securities Sales - IRS Required Reporting