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My 1099-div includes Box 3 (nondividend distribution) but nothing in boxes 1 or 2. My basis will go below 0, where do I report the capital gains?
My understanding is that if the basis goes below 0 with returns of capital, then the excess should be reported as capital gains. Can I add information to boxes 1 and 2 to reflect this, or do I enter this elsewhere in turbotax?
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March 13, 2022
8:09 AM