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Change the treatment of a sale

Follow these steps to change the treatment of a sale.

Go to the

Income

screen in the Income
folder.

Select the statement window button for Capital gains / losses
.

Enter 1 of the following treatment options in the Force column for the holding period:

tip

You can use F4 to display the options available.

1
(short-term)

2
(long-term)

3
(2% rate)

Select from the following treatment options in the Sale and InstPY screens:

1
- Form 4797, Part I, Long-term

2
- Form 4797, Part II

3
- Form 4797, Part III, Long-term

4
- Not Used in Trade or Business

S
- Schedule D, Short-term installment

L
- Schedule D, Long-term installment

M
- Schedule D, 28 percent rate installment

V
- Schedule D, 1202, 100 percent excludable

X
- Schedule D, 1202, 50 percent excludable

Y
- Schedule D, 1202, 75 percent excludable

Z
- Schedule D, 1202, 60 percent excludable