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URL:  http://boards.fool.com/ltlt-gotcha-thanks-i-gather-that-if-i-do-11908876.aspx

Subject:  Re: Cost basis calculation (whadda headache) Date:  2/1/2000  2:21 PM
Author:  pmarti Number:  26621 of 121144

<< Gotcha -- thanks. I gather that if I do this in TurboTax, I should enter it as a ``forced short' assuming the period is less than a year? (Otherwise it'll require a single date.) >>

Try typing a "v" in the purchase date and see what it does. I don't know what a "forced short" is in TT parlance, but it is not what you have. If all else fails, you could try TT help.

<< So, one last thing.. If I have a sale of 5000 shares, where 2500 were bought within a year, and 2500, say, two years ago -- do I split it into two sales? >>

Yes. Don't forget to apportion your sale commission/fees between the two lots.

Phil Marti
Tax Preparer

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