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Investors & landlords
Geoffrey,
Somehow when I entered my gain info, I didn't get the 60% longterm and 40% shorterm split you mentioned above. My $4500 in gain was actually increased my tax by 57%. Did I do something wrong here? Turbotax asked for Total Profit $6000 and total loss $1500, then it calculated box 11 total profit .
‎April 12, 2021
7:23 PM