cathystax
Level 1

it was inherited and sold within months. based on my research, i have to report it on Schedule D.  but i dont know exactly how.  first section is for short term, the second section is for long term.  and this mainly for sale of stock.  Please help

 

thanks

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Just-Lisa-Now-
Level 15
Level 15

Use the 1099B worksheet and just skip over the brokerage info at the top, and use the entry tables below   If you use INHERITED for the purchase date it will make it long term automatically.


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Stevie
Level 1

THANK YOU FOR THE INFO ON 1099S