ThomasM
New Member

Investors & landlords

If it's showing as a $21k gain instead of loss, then it sounds like maybe you've got the net proceeds and cost basis turned around.

Re-visit the input screen and double-check which amounts are entered in which boxes.  You'll be asked for the proceeds and date of sale on one screen, then the "Cost or Other Basis" and date of purchase on a later screen.

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