GeorgeM777
Expert Alumni

Investors & landlords

Without knowing more about your tax situation, its difficult even to speculate as to the reason why you are showing a capital gains tax of $1,300.  Your investment losses may not be the issue particularly if you sold a capital asset for a gain, and your investment losses could only offset up to $3,000 of that gain.  Assuming you still need some guidance on this issue, follow-up with additional information about your income such as wages, dividends, interest income, property sales, etc.  As a reminder, don't include any personally identifiable information.  

 

@estg47 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"