DawnC
Employee Tax Expert

Deductions & credits

If you have not sold any of the stock, it does not need to be reported.   Did you report sales on your federal return or do you have a Schedule D in your return?   If you do, Form 561 is asking for information about the property reported on Schedule D.   But Schedule D is only going to report sales of property, not appreciation.     

 

And you can delete forms that you do not need in your returns.  

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