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WHAT IS THE CORRECT WAY TO ENTER CAPITAL GAINS FOR ST AND LT

billyp3-cox-net
Level 2

THE REASON FOR MY QUESTION IS THAT THE BROKERAGE HOUSES COMBINE SECURITY TRANSACTIONS.  I COULD ACHIEVE THE SAME RESULT IF I ENTERED IDIVIDUAL TRANSACTIONS INSTEAD OF TOTALS FOR EACH CATEGORY

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sjrcpa
Level 15

If they are covered transactions enter the totals. No need to waste time entering individual transactions or attaching the detailed schedule.


The more I know the more I don’t know.