@mmittanck: From a math standpoint, things look close to correct. You got $7k from the sale (22-15) and $4k in distributions, so $11k. You get to deduct the passive losses, so you're paying tax on $12k (24-12). Pretty close. I bet if you look at exactly how your basis changed each year that $1k gap would go to $0.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
