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After you file
Yes I had QDCG and LT Capital gains. However, my taxable income was $39,082 for both TT and the IRS. So no CG tax. There was NO Schedule C or E income. There is no calculation from the IRS for the difference in calculating the tax difference. I can't figure out where the difference is. It's ironic that the difference in tax between TT and the IRS is $285 and the penalty for late filing which I electronically filed 3/31/2022 is $285 plus $16.38 for a total of $586.38 due. Is it possible the IRS erroneously added $285 to taxes due and then put a penalty of the same amount $285 and then added interest on top of that?
‎November 20, 2022
6:46 PM