- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@Mike9241
I think I fixed it so the capital gain is being captured once w/correct basis and the gain subject to recapture displays on my 1040 !!!
Here is what changed:
1. The EPD sale is showing ONLY ONCE on the 8949 with the $4105 basis (1099 basis - **bleep** adjustment + ordinary income) which reduced my capital gain to $585
2. The gain subject to capture as ordinary income is displaying on line 8 of 1040.
Did I (finally) get it right?
Btw, can I patreon you some beer money (or a steak dinner), you really went above and beyond....
‎October 13, 2023
11:14 AM