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I wouldn't have asked the question if it didn't matter.

There are a number of other issues that need to be addressed as well, all of which will impact how this gets reported.

You should have a one on one with a tax professional as this forum is not conducive to having a back and forth "dialog".

You can also review IRS publication 550 in advance of your meeting.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.