Enter foreign capital gains and losses

Follow these steps to enter foreign capital gains and losses.
  1. Go to the
    Income
    screen and enter the capital gains and losses in the statement window for
    Capital gains or (losses)
    (or another field that applies to Schedule D).
  2. Go to the
    1116
    screen and enter foreign capital gains and losses in the
    Foreign source: short-term capital gain or (loss)
    field and the
    Foreign source: long-term capital gain or (loss)
    field.
Foreign capital gain and loss worksheets calculate based on entries in the capital gain and loss fields. The lines of Form 1116 will adjust as necessary.

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