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Investors & landlords
Line 13 on Schedule D is not for long-term capital gains but for capital gains distributions. These are usually referred to as qualified dividends on a 1099-DIV and are taxed at the same rate as long-term capital gains. The gain or loss from the sale should be reported, as you say, as a short-term capital gain or loss.
‎February 9, 2022
10:58 AM