Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jan 3, 2023 6:31:49 AM

For the "Foreign Captial gains or losses", should it be actual gains/losses only if transaction happened, or it can even be the paper gains?

0 1 397
1 Best answer
Moderator
Jan 3, 2023 2:23:01 PM

Usually, you have a capital gain or loss when you sell or are considered to have sold or disposed of the property.

1 Replies
Moderator
Jan 3, 2023 2:23:01 PM

Usually, you have a capital gain or loss when you sell or are considered to have sold or disposed of the property.