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April 8, 2022
Question

Why do I need a Schedule D if I have no taxes due on the sale?

  • April 8, 2022
  • 1 reply
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1 reply

DoninGA
Employee
April 8, 2022

The investment sale has to be reported on your tax return, whether taxes are owed or not.  Schedule D is required to report the sale.  So if you are using the TurboTax online edition you will need the Premier edition which support Schedule D and Form 8949.