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Schedule D- Short Term Capital Gains

Mixon1975
Level 1

Hi,

The amount report in box 1b (Proceeds, cost) is an actual asset when separating assets in a divorce? It shows 73 millions of total transactions. 

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
That would be what the stocks sold for. Why are you separating assets in a divorce? That's what their attorneys get paid for.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sjrcpa
Level 15

Separating assets is not a taxable event. Selling them is.

The more I know, the more I don't know.