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Get your taxes done using TurboTax
Thanks. So if I sell the stock before my cost basis drops to zero, I follow your instructions below (I do use the CD/Download version). What do I do once I reach the point where my basis is zero? At that point I'm supposed to treat any further distributions as capital gains. Is that something I have to worry about each year, or do I wait until I sell the stock and figure out a negative number as my basis?
‎April 7, 2023
12:21 PM