can you file a short form if you own stocks?

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can you file a short form if you own stocks?

2007-02-11 13:18:33 · 2 answers · asked by geri a d 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

No... If you have gains/losses you must file a Schedule D. According to that form your gains get reported on either 1040 or 1040NR (non-resident alien).

2007-02-11 13:29:12 · answer #1 · answered by janisko 5 · 0⤊ 0⤋

If you own them, yes. But if you sell them, then you have to file a 1040 for the year of the sale.

2007-02-11 14:26:21 · answer #2 · answered by Judy 7 · 0⤊ 0⤋