You'll need to sign in or create an account to connect with an expert.
They don't go together. If you sold, $5,000 that gets reported on the tax return. You did get $5K of income and that needs to be shown on the return.
The purchase of the $3,000 does not get shown on the return, it only gets entered when it is actually sold.
They don't go together. If you sold, $5,000 that gets reported on the tax return. You did get $5K of income and that needs to be shown on the return.
The purchase of the $3,000 does not get shown on the return, it only gets entered when it is actually sold.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
kinzo103
New Member
roger-vw
Level 3
haris_n
Level 1
amarkhel
New Member
shamurat-gmail-c
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.