Hi,
Thanks for your response. My question:
1. if I have losses carried over in the previous year, what is the maximum to offset my capital gain?
I heard only $3000 per year, is it correct ?
2. How capital gain is calculated ? My tax bracket is 22%, if I enter capital gain in line 7 and added all lines from 1-15, line 16 is taxable income. So my capital gain is taxed at 22% ? (This should be 15%)
