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Entering stock sales

beth-mcmullin
Level 2

How can I enter stock sales for which basis is reported to IRS as a single entry instead of entering each sale? I tried a few things but I always end up with critical errors.  Thanks!

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Accepted Solutions
PhoebeRoberts
Level 11
Level 11

One entry for the short term covered, one entry for the long-term covered. I use ST Covered and LT Covered as the description, 12/31/2022 as the sale date, and either 1/1/00 or 1/1/22 as the purchase date. Enter them as if they were two actual sales.

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2 Comments 2
PhoebeRoberts
Level 11
Level 11

One entry for the short term covered, one entry for the long-term covered. I use ST Covered and LT Covered as the description, 12/31/2022 as the sale date, and either 1/1/00 or 1/1/22 as the purchase date. Enter them as if they were two actual sales.

beth-mcmullin
Level 2

Thanks so much!!