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Get your taxes done using TurboTax
Yes, the entry sounds correct.
The transactions would be considered long-term and basis not reported to the IRS. Code E is correct.
You entered the transactions One by one at the screen Now, choose how to enter your sales.
Retain all documentation including the 8949X and the paperwork that computes the cost basis.
It is possible that a tax authority may have a question at a later time.
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‎February 16, 2025
9:44 AM
823 Views