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Business & farm
That would be a sale of an investment. You need to enter the sale proceeds, date acquired, date sold and your cost basis to determine your gain or loss on sale. You can use these menu options to report an investment sale in TurboTax:
- Income and expenses
- Stocks, Mutual Funds, Bonds, Other
- Indicate that you didn't receive a form 1099-B
- Choose the I'll enter a summary for each sales category option
- Enter the proceeds, cost basis and holding period as short or long term
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May 18, 2021
4:17 PM