turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

Can I enter total amount collectables sold?

If I sell a number of collectables such as, coins and silver bullion can I enter (8949/Schedule D) the total amount of the sale and cost or do I have list each item individually?


Thanks

Connect with an expert
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.

1 Best answer

Accepted Solutions

Can I enter total amount collectables sold?

You can combine them by like kind (collectibles) and type of sale ( long term vs short term ) and keep a breakdown in case the IRS wants to see it later. 

View solution in original post

3 Replies

Can I enter total amount collectables sold?

You can combine them by like kind (collectibles) and type of sale ( long term vs short term ) and keep a breakdown in case the IRS wants to see it later. 

Can I enter total amount collectables sold?

Thanks
beansprout
Returning Member

Can I enter total amount collectables sold?

Hello,

I've followed instructions to report my 1099K under investment income & selected "something other than a date" to get VARIOUS as acquired date, now I'm stuck at Date sold or disposed because they were sold on various dates.  There is no other option except to enter a single date.  I have 300+ sales & they were held more than a year.  What should I do?  Please help!  Thank you.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies