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Retirement tax questions
It is handled a bit differently in TurboTax if the capital gains are actually capital gains distributions from a mutual fund reported on Form 1099-DIV rather than a sale reported on Form 1099-B. For mutual fund Capital Gains distributions that include US Government obligations reported on Form 1099-DIV, you would include that amount on the screen that asks for US Government Interest along with the amount of US Government interest reported in Box 1. (screenshot in my answer above).
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‎April 7, 2024
9:01 AM