turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

rupalv
New Member

How do I determine what portion of my capital gains came from U.S. obligations?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

How do I determine what portion of my capital gains came from U.S. obligations?

This information is available from your financial institution, be it a brokerage like Wells Fargo or direct from the mutual fund company, like American Funds.

You should be able to find a Tax Center or something similar on the company's web site.

It may be called Tax Center, Tax Worksheets, Tax Calculators, or something similar.

I know that on the American Funds site, it is called Tax Center, and there is a link specifically for "Sales Tax Exclusion for U.S. Government Income."

The worksheet / calculator should list the specific funds that are tax exempt.

Funds may be partially or 100% exempt.

Hope this helps.

kamcbee
New Member

How do I determine what portion of my capital gains came from U.S. obligations?

I believe this covers tax exclusions for "ordinary dividends".  There is now a section in Turbo Tax for exclusions on capital gains - is this the same thing?  If not, where do I get the data for the exclusion on capital gains?

How do I determine what portion of my capital gains came from U.S. obligations?

i have the same question. Vanguard specifically says that the percentage of dividends from u.s. government obligations does not apply to capital gains. But they were unable to give me any information.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question