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jay3317 writes (in part):

On Schedule D, where do you list the short-term CG distributions? Line 13 is where you enter capital gains distributions, but this is in the long-term section. I don't see a place for short-term CG distributions in the top half of the form.

I reply:

You don't list them on Schedule D. Short term capital gains distributions from mutual funds are lumped together with dividends, and are not treated as capital gains at all. The result, to the taxpayer's disadvantage, is that they cannot be offset by capital losses (except to the extent ordinary income can be offset -- $3000 per year). I don't know why this is so, merely that it is so. --Bob
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