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Level 1
posted Feb 19, 2025 9:12:23 AM

Cash in Lieu

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

 

0 1 185
1 Replies
Expert Alumni
Feb 19, 2025 9:30:48 AM

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).