kklund
Level 1

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

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