wabarron1
New Member

Get your taxes done using TurboTax

IT'S A PRETTY CLEAR QUESTION!
If a 1099 is imported for interest and dividend income, a HUGE 94,000 deduction is created in Schedule D and no tax is calculated. I will attempt to post a screen shot -- but I assume the same situation occurs for everyone. Note-- I am widowed and this is the first yr filing joint.. wife deceased. I'm pretty sure I owe more that $26 in tax.

 

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