RachelW33
Expert Alumni

Get your taxes done using TurboTax

There are a few instances where long-term gains are taxed differently.  Do any of the long-term gains reported on your return include:

 

  1. Gain from selling section 1202 qualified small business stock 
  2. Net capital gains from selling collectibles
  3. Unrecaptured section 1250 gain from selling section 1250 real property 

For more details, please see IRS Tax Topic 409.

 

@SandySocks 

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