DianeW777
Expert Alumni

Investors & landlords

It's definitely not interest income if the reporting form is 1099-B. If you have Form 1099-B you should delete the interest and enter it following instructions earlier in the thread.

 

It's unclear if you have a cost basis for the stock sale.  If you do you should enter that in the cost basis field once you enter the sales figure from the 1099-B.  Also the long term holding period provides a better tax rate than the short term holding.

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