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Investors & landlords
Okay.
So I need to delete an entry; I found both and yes one has a negative cost basis which made for a $24000 capital gain.
Is there a menu that TT has that will direct me? I'm concerned about "messing up."
I printed a X1040, wrote my explanation, printed the 8949 page for each entry. However, I'm not sure how to indicate/enter where the change on the taxes occurs. Does TT do this for me? (I assume eventually it effects net taxes but does it change cap gain/loss, then go somewhere, and then net which should give me carry over and a refund.... I guess I want to know what TT will do.)
‎September 20, 2019
12:51 AM