Deductions & credits


@jesunattt wrote:

 

Form 4797 line 7 shows net capital gain.

 

But Schedule 1 line 5 shows negative. 


 

Is that gain showing up on Line 4 of Schedule 1?  If so, that seems correct.

 

Line 5 of Schedule 1 is negative because you said the rental has a loss for 2020, so that seems correct.

 

So what exactly seems wrong?