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Get your taxes done using TurboTax
Thank you,
while you were responding, I had downloaded the complete tax tables and my tax amount is consistent with line 15 LESS the capital gain. So I looked up the tax on the total amount and subtracted the tax on the smaller taxable income (which is not what it says is the "taxable " income... and the amount I get for the difference, I divided by the capital gain and it comes out to 12%...
So the TAX then is correct ..... BUT it's not showing anywhere the lesser amount as taxable....
But the tax then would be the exact same as if I did not have the gain. so why did it change as soon as I entered the 1099B?
‎February 15, 2025
10:59 AM