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Get your taxes done using TurboTax
In a similar situation.$6.19 proceeds with no cost basis and no net returns resulting in a taxable situation. As @DaveF1006 mentioned, the gains are offset by investment expense of the exact same amount.
Have you been able to figure it out @cedar995 ?
This is super confusing and would appreciate a CPA chiming in but it seems that turbotax doesn't hire any CPAs. Would hate to be flagged for a $6 mistake.
~Confused
‎April 12, 2021
10:31 AM