Thank you for responding. I have to be completely honest, reading what you posted is like trying to read coding or engineering documents. I have very little understanding of what those instructions mean. Since I left the proceeds in the account, or actually reinvested them in stocks which are now negative, I presume this all gets figured out with the losses when I upload my brokerage documents for the end of the year taxes? I would assume the losses reduce my tax liability since the profits would come down. Somewhere in the 1040 it asks if you made any estimated tax payments, correct? Is that where you put the quarterly payments information? Would an Enrolled Agent be the best person to speak with about this?
