kklund
Level 1
03-02-2021
05:30 PM
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Fidelity statement reporting ordinary loss on redemption of contingent debt instrument. How is this reported in Lacerte? I can see an old posting under ProSeries but it points to Sales of Business Property, which this is not, and doesn't help a Lacerte user. I can't see any boxes under Dispositions that would classify this portion of the disposition income as "ordinary" instead of capital.
Thanks in advance,
Kathy
Best Answer Click here
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