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Investors & landlords
Yeah, pretty clear that TurboTax isn't following this rule. I have < 77,200 married/filing jointly income and hence 0% long-term capital gains tax, but TurboTax is still reducing my carry-over by the full amount of my long-term gains. It's easy enough to adjust for this in my imported 2018 to 2019 carry-over to fix thing up though.
March 7, 2020
3:31 PM