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posted Jun 3, 2019 10:40:40 AM

How do I report long term capital gain from a mutual fund with Turbo tax Deluxe It wants a per share price and date bought. That info isnt available with a mutual fund

"How do I report long term capital gain from a mutual fund with Turbo tax Deluxe It wants a per share price and date bought. That info isnt available with a mutual fund"


The Merrill Lynch tax reporting statement has Long Term Capital gains distributions from 2 mutual funds.  There is no cost basis for this with a mutual fund.  How is it reported on Turbo Deluxe?.  

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1 Replies
Level 15
Jun 3, 2019 10:40:42 AM

You will report that in the Dividend area.

Box 2a will be the long-term gains. 

Remove it from the Investments area where you were entering it.