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Investors & landlords
If you go directly to this specific entry in the step-by-step section you can try using 'Various' as the date for this transaction. You will select the correct holding period if necessary.
- Long term is a holding period of more than one year and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax)
- Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)
In TurboTax CD/Download version you can simply type 'V' and various will automatically populate.
In TurboTax Online you must select the check beside 'Something other than a date'. (see the images below)
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March 7, 2021
8:51 AM