Yes, if the sale was done by your investment couns...
BMcCalpin
Level 13

Investors & landlords

Yes, if the sale was done by your investment counselor, call him/her and ask about the following:

(1) date of acquisition

(2) cost of acquisition 

(3) date of sale

(4) price of sale

TurboTax will figure out if it is long term or short term based on the dates as well as correctly determine the gain from the cost of acquisition and the price of sale.

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