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New Member
posted Jun 3, 2019 1:24:52 PM

If sold shares of stock this year, and did not have tax taken out. what do i do?

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1 Replies
Level 13
Jun 3, 2019 1:24:53 PM

You upgrade to the Premier edition to be able to report the sale of stock.

If you come up "underpaid" because of massive taxable gains - which I'd guess is unlikely - the if it happens that the gains were all late in the year you annualize your income - TurboTax will help you here- to show that the extra income came late in the, minimizing the underpayment penalty.

Tom Young