AnnetteB6
Employee Tax Expert

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What is the nature of the other $2000 of income?  Is it from self-employment?  If so, the tax you are seeing could be self-employment tax and not a tax on your long term capital gain.  

 

Take a look at your Form 1040 and determine if the tax is included on line 12a or line 15.  If it is on line 15, then take a closer look at Schedule 2 to determine what type of tax it is.  

 

 

@Taxjinhe

 

 

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