pk
Level 15
Level 15

Deductions & credits

@ACtaxpayer , having read through original post  and  agreeing with the comments/answers by @DavidD66 , just wanted to point out that  gains are  ONLY given capital treatment  if , and only if , the underlying asset  was held / owned for ONE YEAR or longer.   I hope  you have had at least 365 days  between the two closings  ( buying and selling ). Else  the gain will be treated short-term and taxed as ordinary income.