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Q: Turbo Tax or H & R Block can electronically accept transactions Schedule D for capital gains or losses from Merrill Lynch accounts? If so, what is the limit on the number of transactions
A: All preparation packet statements of H & R Block include Schedule D, for capital gains and losses, and Appendix D1, earnings and additional losses. H & R Block does not limit the number of transactions. All packages also include TurboTax Schedule D and D1, except for their free edition, which does not support these forms. TurboTax Online allows up to 500 transactions. The TurboTax desktop software, which is available via download or CD allows unlimited transactions.
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