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Business & farm
I went through the steps and was able to enter the information. I had a loss on the 1244 stock but it appears that all of the loss was put into the capital loss bucket and none of it into ordinary income. I understand that a certain amount counts as ordinary income loss and the remainder as a capital loss. Is there another method to input the information to ensure proper classification? Thanks
‎January 28, 2020
8:40 AM