jimmyyoon
Returning Member

Let's say, my short term capital loss this year was $2000.  I my short term capital gain was $10000.

Let's say, my short term capital loss this year was $2000.  I my short term capital gain was $10000.
But I also have a long term capital gain of $100. 
Let's also say I'm in the 22% tax bracket with annual salary of $50000.

1. How much can I deduct and how do I exactly go about the deduction when I file my tax next year? 
My guess was that I can deduct $2000 off $10000 , and obligated to pay tax from $8000 or $8100 I made over the year.  

2. What form do I need besides 1099B?   
2a- Is it 1040 Schedule D? 
2b- If so where can I get this? 
2c - Where and how do I submit this?

3. I'm a new to the stock trade and these steps seems overwhelming. Are these all the steps that could be done through Turbotax?   Does it have to be through "Turbotax Live CPA" or could it be done through regular step by step process by myself using Turbotax program?


Thank you so much in advance.