Skip to main content
February 29, 2024
Question

How can i get rid of the capital gains or losses on my federal return

  • February 29, 2024
  • 1 reply
  • 0 views
can i delete the capital gains or losses from my federal return?

1 reply

rjs
Employee
February 29, 2024

If you have investment sales you have to report them on your tax return. You can't just drop them. Why do you want to delete the gains and losses? Is it so that you can use TurboTax Free Edition? You just might not be eligible to use Free Edition this year. If your income is $79,000 or less you might be able to use IRS Free File.