Doing taxes for a special needs child. We sold his company 401k stock in 2021 to spend it so as to remove it from his assets. On Form 561, what "type of property sold"?
Company is WalMart. Doing State tax section for state of OK.
You liquidated a 401K account and should have gotten a 1099-R for the distribution and only the 1099-R form should be entered. You will NOT enter the stock sales at all.