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Short term capital loss and long term capital gain
Hi turbo tax.
This year say I am doing a joint filing(married)
I have short term capital loss = 25K
and long term capital gains = 100k
Overall I have positive capital gains which is under 80K
Looking around the rules this is what I found
Seems like there should not be taxable, as I filed as married jointly.
But my actual return looks different, It shows as If I owe money to IRS.
Can you please correct my confusion here
Thanks
Topics:
‎April 5, 2021
12:37 AM