Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Schedule D- Short Term Capital Gains

Mixon1975
Level 1

Hi,

The amount report in box 1b (Proceeds, cost) is an actual asset when separating assets in a divorce? It shows 73 millions of total transactions. 

0 Cheers
2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
That would be what the stocks sold for. Why are you separating assets in a divorce? That's what their attorneys get paid for.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sjrcpa
Level 15

Separating assets is not a taxable event. Selling them is.


Ex-AllStar