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Get your taxes done using TurboTax
If it was a one-time event, you can enter the income as an investment sale as per the link above. Enter the income as proceeds and enter the amount you paid for the items as the basis.
You can enter this info in the investment section of TurboTax. Select the product you’re using for the right instructions.
Note: To report investment sales, you’ll have to use TurboTax Premier, TurboTax Self-Employed, or TurboTax Home & Business.
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April 12, 2021
4:53 PM