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May 15, 2021
Question

How do I report "Proceeds from a Sale of Rights"? Are those considered dividends? In particular, "Sale of Rights" by RYCEY on 12/01/2020. Thank you.

  • May 15, 2021
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1 reply

May 16, 2021

The sale of a stock right is equivalent to the sale of an option to purchase the underlying stock, not a dividend.

 

It is reported in the Stocks, Mutual Funds, Bonds and Other interview of TurboTax Premier (or higher).