ThomasM125
Expert Alumni

Investors & landlords

You are OK to make the summary entries as long as you choose the "Covered" option when asked about the reporting of the investment sales. That means the cost basis was reported to the IRS and that will give you the code "A" or "D" when the sales are reported on your schedule D. For the sales that aren't covered, you need to enter them individually, not as summary entries.

 

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