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Get your taxes done using TurboTax
Thanks again, we have no credits, no EIC or anything else, we take the standard deduction.... BUT we did have a approximate 1400 capital loss deduction... ... But I still don't get it? we'd have that with or without the addition of the stock gain.... OR would that be it?
If that explains why the tax changed, then I still don't see where in any worksheet, the amount of net gain is deducted from the calculation of tax . The tax IS consistent with the capital gain NOT counting but where does it show that?
Sorry, I'm a nut! 50 years ago, when I got my first job, my dad sat me at the dining room table with forms all over the place... as he'd done for years, and I would do until TT came along... so I like to see where the numbers are:)
‎February 15, 2025
11:08 AM