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The loss incurred on a private sale of stock from a small business is a capital loss. It can be used to offset any capital gain on listed securities.
You enter the sale in TurboTax just as if you had received a form 1099-B form a stock broker.
The loss incurred on a private sale of stock from a small business is a capital loss. It can be used to offset any capital gain on listed securities.
You enter the sale in TurboTax just as if you had received a form 1099-B form a stock broker.
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