iza
Rookie
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Registered: Feb 2004
Local time: 10:15 PM
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Posts: 2
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Hi,
I sold stocks short in 2003 that I have not covered. This is a simple case of short sale (don't own similar securities, no box sale circumstances exist and the securities have value). My 1099B from Ameritrade shows this as a sale (they don't differentiate b/w sale and short sale on 1099B).
I am using Turbo Tax Premier to do my taxes and was planning on filing electronically. However, now I am in dilemma on how to report this on my Schedule D, such that the Schedule D matches my 1099B.
I would greatly appreciate if someone out there can tell me:
a) How can I show on my schedule D that the sale reported on the 1099 B is a short sale that has not been closed in 2002 (also not covered during the first 30 days of 2003).
b) If I can still file electronically using Turbo Tax based on the method described in a).
Any help would be greatly appreciated.
Thanks
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02-28-2004 07:03 PM
