Yes, report these as investment sales.
- Open or continue your return.
- Navigate to the investment sales section:
- TurboTax Online/Mobile: type investment sales in the search bar. select the jump to link.
- TurboTax Desktop: Search for investment sales and then select the Jump to link.
- Answer Yes to the question Did you sell any of these investments in 2024?
- When you arrive at screen that is labelled OK, let's start with one investment type
- Select stocks, bonds and other.
- Go through the section until you arrive at a page that says sales details, answer the questions that are presented.
- When you report the proceeds and basis, make sure your basis is less than your proceeds. Your basis is what you paid for the stocks and the proceeds are what you received for them.
if these stocks suffered a loss because of a harvesting loss, there isn't much point of reporting these on your return since you can't take a loss under the terms of the The India-US Double Taxation Avoidance Agreement (DTAA).
@MMehta
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
