How do I record shares I have already sold?

Where to find it: ACCOUNTS and INVESTMENTS → Edit Investments

Update the account to match its current holdings after the sale. In Edit Investments, reduce the shares and remaining book value for a partial sale, or delete the holding if it has been sold entirely. Update Cash to include the proceeds still in the account. If you withdrew the proceeds, use the actual remaining cash balance instead.

Do not enter the gross proceeds again as an ordinary income. Selling an investment already included in your assets changes what you hold; the whole sale price is not a new addition to wealth. A gain and any tax already due are separate from those proceeds.

For a sale made earlier in the current year, also complete the applicable year-to-date investment-tax information when preparing TIME MACHINE. Current holdings alone do not tell MRA about a gain already realized on assets no longer held.

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