Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Idea Exchange
- :
- Short term sale from Sch D is transferring to PA Sch D TP: Sale/Exchange of Property as Long-term
Options
- Mark as New
- Mark as Read
- Bookmark
- Subscribe
- Printer Friendly Page
- Report Inappropriate Content
Short term sale from Sch D is transferring to PA Sch D TP: Sale/Exchange of Property as Long-term
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Short term sale from Sch D is transferring to PA Sch D TP: Sale/Exchange of Property as Long-term
Short term sale from Sch D is transferring to PA Sch D TP: Sale/Exchange of Property as Long-term
Submitted by rbusiness on 02-25-2021 05:27 PMOn 1040 Schedule D, Part I line 1a column d, sales price of short sale and column 3 cost basis; this is where the short term sales go. And if I go to the state (PA), on form Sch D TP, column A in the description for the stock sale, it shows as a Long-term sale instead of a short-term sale. This needs to be fixed. It doesn't seem to affect the numbers negatively, but it doesn't reflect what it correctly is.
Find more ideas labeled with
1 Comment
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.