- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Is all of that right? - You Nailed it! That is all the proof you will need. Track it on your own and keep the documents from the brokerage. These two things should match at the end of the year.
Short Term Capital gains (Those investments held under a year) are taxable at your ordinary income level. Those can be found on this page: Here
When you put these items into TurboTax it will add it to your Income in the proper places. Investments held over a year will be taxed at capital gains rates and investment held under a year will be taxed at your normal rate according to income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎November 16, 2022
2:56 PM