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TurboTax Changes Sales Category from Long Term to Short Term
TurboTax Deluxe changed the sales category from Long Term (Box E) to Short Term (Box B) of a 1099-B transaction of an Inherited (= Date Aquired) asset. Why? TurboTax help states that all sales of inherited assets should be treated as Long Term.
‎February 28, 2022
10:36 AM