RobertB4444
Employee Tax Expert

Get your taxes done using TurboTax

Did you purchase a replacement for the shares you had to sell?  If you didn't then the gain is taxable.  If you did then you enter the value of the replacement stock that you purchased and that will be deducted from your gain.  You had 60 days from the date of the sale to purchase replacement property.  If you didn't do so then the program is making the correct choice by entering the taxable amount on schedule D.

 

@templeone05 

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