topic Cash in Lieu in Get your taxes done using TurboTax

Cash in Lieu

Momofsix1 — Wed, 19 Feb 2025 17:12:23 GMT

Where do I enter Cash in Lieu on the Turbo Tax program? This is listed with my Capital Gains on my income tax information from my broker.

Thanks

Re: Cash in Lieu

MaryK4 — Wed, 19 Feb 2025 17:30:48 GMT

You will have to enter as a separate entry in the investment section. If the information is not provided, you will have to calculate your basis for the fractional sale. Also, the category may be Cor F (basis not reported to IRS).