I purchased & sold ALL my holdings of a particular stock multiple times during the year.Do I have to list each purchase & sale separately?Or could I just combine all those transactions by saying "various" under the sell and buy date and using only the totals for purchase price & cap gain? that way I should have only use one line in the schedule D for that security ...
I purchased & sold ALL my holdings of a particular stock multiple times during the year.Do I have to list each purchase & sale separately?No, but you must report each sale separately. You can use "various" as the purchase date. You also need to attend to short vs. long term holdings.See the Schedule D instructions.Phil
If you sold for a loss and purchased the same security within 30 days, you have to report a "wash sale" in Schedule D. Search for "wash sale" in any search engine.-- Srini
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