cathystax
Level 1
03-10-2024
09:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
it was inherited and sold within months. based on my research, i have to report it on Schedule D. but i dont know exactly how. first section is for short term, the second section is for long term. and this mainly for sale of stock. Please help
thanks
Labels
Level 15
03-11-2024
08:12 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Use the 1099B worksheet and just skip over the brokerage info at the top, and use the entry tables below If you use INHERITED for the purchase date it will make it long term automatically.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪