Like stocks or bonds, any gain or loss from the sale or exchange of the asset is taxed as a capital gain or loss.
To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.
- Federal Taxes
- Wages and Income
- Click on I'll choose what I work on
- Under Investment Income
- On Stocks, Mutual Funds, Bonds, Other, click the start or update button
- Continue through the questions
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