JamesG1
Expert Alumni

Investors & landlords

Rather than a 'Date acquired', you report 'Various'.

 

You are still required to determine long-term and short-term losses that are reported in the Sales sections.

 

  • Short-term gains or losses come from the sale of investments owned one year or less.
  • Long-term gains or losses come from the sale of investments held more than one year.

 

 

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