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Get your taxes done using TurboTax
I found form 7217 in my desktop version of the Business TurboTax product. It is not currently available for 2024 in the personal TurboTax products and I don't see it listed as a form that will be available in the near future.
With respect to marketable securities, the broad definition per Code section 731 (c) (2) (A) refers to securities that are actively traded. I would take that to mean they can easily be converted to cash. You can read more about it by using this link to the Cornell Law Institute: Code 731
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March 5, 2025
3:41 PM