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April 2, 2025
Question

total liquidation of a REIT

  • April 2, 2025
  • 1 reply
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re where to record loss on a REIT liquidation

    1 reply

    April 2, 2025

    You will enter as an Investment sale.  To enter as investment sales:

     

    Under Federal Wages& Income, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) under Investments and Savings.

    1. Did you have investment income in 2024? YES
    2. Let's import your tax info  Enter a different way
    3. OK, let's start with one investment type Other Continue
    4. Tell us more about this sale  REIT SALE Continue
    5. Now, enter one sale for REIT SALE 

    And continue.