- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
The TurboTax program will make the calculation for you, which basically amounts to combining your capital gains with your capital losses.
See https://www.irs.gov/publications/p544#en_US_2019_publink100072648
In the fact pattern you stated, your $8,000 in gains would essentially be combined with your $8,000 in losses, which would net to $0 gain/loss.
‎December 9, 2020
1:12 PM
845 Views