deadeye19
New Member

Get your taxes done using TurboTax

Thanks for this solution.  This did exactly what I needed.  I entered as a short term sale with the amount in the proceeds and zero cost basis and a long-term sale with the amount in the cost basis and zero proceeds (both with the description of "Section 1061 Adjustment".  I had to include sale and acquisition dates so I used the last day of the year for both.  Worked like a charm, recharacterizing the long-term gain to a short term gain.