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Get your taxes done using TurboTax
Hi DavidD66,
Thanks for your help. I have already imported the transaction and updated the adjusted cost basis per my brokerage's supplemental statement. What I need to know is how to enter the gain as ordinary income - is there a manual way of doing so? According to https://turbotax.intuit.com/tax-tips/investments-and-taxes/empl[product key removed]ase-plans/L8NgMF..., I must enter the income into line 7 of my 1040 but I don't see how I can do this when I go to "Forms".
Thanks
March 21, 2021
4:19 PM