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Does anyone know if Turbotax uses the Qualified dividends and Capital Gain tax worksheet Line 16 to figure your tax when you don't have to file schedule D?
I just completed my taxes and it appears that their algorithm does not. As a result, my capital gains all were calculated at short term rates instead of long term. Now I will need to send an amended return.
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‎April 5, 2022
9:15 PM