Are losses on mutual fund sales purchased periodically long term or

[jcumminkillians]

short term losses? I sold $12000 in mutual funds in October for about a $5000 loss to pay off debt. I purchased these shares over a long period of time periodically for about 5 years, twice monthly. Turbotax is asking me what the purchase date was and whether this is long term or short term losses. Any input on how I should answer these?

 

[WayneZ]

Both.

The shares purchased over a year before the sale would be long term and the ones purchased after would be short term.

Download the purchases in to a spreadsheet and break them down.

I use a Pivot Table for mine.