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Get your taxes done using TurboTax
Thank you for your latest suggestions. I understand when you say how to enter the 1099-INT and 1099-DIV from my Grantor Trust Tax Information Statement. I'm still a bit confused as to how to enter my Capital Gains Distribution. At this point I haven't sold any stock of any kind. I had prepaid my funeral costs and received this statement from the funeral home. Using my Premier version I enter the Wages & Income, then stocks, mutual funds, bonds. I'm asked if I sold any investments. I answer YES. I'm asked if I received a Brokerage Statement. I answer yes. I option for "I'll type it in myself" I'm asked for the name of the bank or brokerage firm. I enter the Belkoff-Goldstein Funeral Chapel. If I then select Enter 1 Sales at a time I'm asked for the following; Description. Date Sold, Date Acquired, Sale Proceeds and Cost of Basis. However, if I select I'll Enter a Summary for Each Category I'm then asked; Total Proceeds, Total Costs Basis and Holding Period. This just doesn't seem right. I do not have this info. Please clarify? Thank you.
Dennis Fleishman