Is it necessary to report mutual fund capital gains if no Schedule D is required?
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Yes, it is still necessary to report any Mutual Fund Capital Gains if no Schedule D is required. The Mutual Fund Capital Gains will go directly to your Form 1040 "Capital Gain or (Loss)" line if you don't have any other activity requiring a Schedule D.
Check out the TurboTax FAQ below for how to enter your Form 1099-DIV:
Yes, it is still necessary to report any Mutual Fund Capital Gains if no Schedule D is required. The Mutual Fund Capital Gains will go directly to your Form 1040 "Capital Gain or (Loss)" line if you don't have any other activity requiring a Schedule D.
Check out the TurboTax FAQ below for how to enter your Form 1099-DIV:
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