mphjr
Returning Member

Get your taxes done using TurboTax

Am I correct in that if I have 10 of these sales of any type of collectible item, I itemize each one on 8949?  Is it correct that a sale resulting in a loss can only be listed if it's a short term sale, not if it's a long term sale?  Does that mean that gains and losses can be netted out for short term sales but only for short term?