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Investors & landlords
Hi, I appreciate the the response to Trey. My question has to do with what seems to be a double counting of capital gains when I enter the selling price and the tax basis, I get a positive figure as capital gain and this figure seems to be added to Part III line 10 of 1251 gain to get a total capital gain. This figure exceeded the distribution, which was the actual money I received for the year. Is that right? I am puzzled and would appreciate any insights. Thank you in advance.
‎October 10, 2023
11:49 PM