Skip to main content
Level 3
March 31, 2020

Selling dividend generating stock during the first 60 days of 2020

  • March 31, 2020
  • 1 reply
  • 8 views

There is a question on the Lacerte tax organizer that asks: "Did you sell or plan to sell any dividend generating stocks or mutual funds during the first 60 days of 2020/"  Can give an example of how this should be handled if the answer is ":yes" to the question and also how would the client know the anser to the question? 

    This topic has been closed for replies.

    1 reply

    abctax55
    Level 15
    March 31, 2020

    By looking at their Jan & Feb 2020 brokerage statements (or, asking their financial adviser to do so..)

    Capital gain treatment of the dividends on the stocks sold in that 60 day time frame is denied.

     

    HumanKind... Be Both
    Rossi3839Author
    Level 3
    March 31, 2020

    Thank you!  I sent a previous reply and additional question but I do not see it posted.... I am not too familiar with how this site works.  I also am not notified via email for responses.  The box is checked to notify me but I am not getting notified.  Can you please give me insight to how to make sure my email address is entered correctly and properly set up?

    Thanks in advance!