- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you sold one or more itme at a gain, you have taxable income.
Since the loss on other items is not allowed, that can't offset your gain.
PS it would be easier not to amend at all since IRS is not very concerned about this untill the new 1099- form coumes into use.
‎November 5, 2025
4:58 PM
3,809 Views