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Level 2
February 19, 2025
Question

Cash in Lieu

  • February 19, 2025
  • 1 reply
  • 0 views

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

 

1 reply

MaryK4
Level 15
February 19, 2025

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).  

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