- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thank you for your suggestion. However, when I went the route you were suggesting, there was not an option type other. What I ended up doing and I think this will work, I selected the “Other” tile, selected the type of investment as other and “I inherited it” then entered all the information regarding the sale. It’s still listed as a short term gain. But then I had to go to View-open forms. I located the form 1099B worksheet and below that is the capital asset sales worksheet. on that worksheet was able to change the Holding period from short-term to long-term. So many steps for a software that is supposed to be user-friendly.🙄
April 11, 2024
1:57 PM