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Get your taxes done using TurboTax
Thank you. Please kindly excuse my request for clarification - as I have not yet done the distribution and I'm unfamiliar with inputting the entry for this on TT.
I am interpreting your response to mean that Turbo Tax has a section for me to enter both covered and non-covered cost basis for this distribution. And, as such, Turbo Tax will than derive the capital gain or loss for me after I enter sales amount, covered cost basis and non-covered cost basis. Is that correct?
Many thanks.
‎January 16, 2024
12:39 PM