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March 29, 2024
Question

Acquisition date for capital gains distributions

  • March 29, 2024
  • 1 reply
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For Arizona, TurboTax wants to know capital gains after December 31, 2011. For a fund, I received a capital gains DISTRIBUTION at the end of 2023. Is the acquisition year 2023 even though I purchased the fund in 2009?

1 reply

March 29, 2024

No, your acquisition year would be 2009, when you purchased the fund.

 

Remember, you are only entering that portion of your capital gains that apply to Arizona. 

 

Here's more info on Arizona Capital Gains.