JohnB5677
Expert Alumni

Investors & landlords

That does sound unusual.  Was there some other capital gain of $12,000 or so that could have been used as an offset?

Please check your tax return and see what is posted to line 7.

 

To preview your 1040:

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    1. My Info
    2. Federal
    3. State
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  2. Select Tax Tools
  3. On the drop-down select Tools
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  7. Select Preview my 1040.

 

Line 7 - Capital Gain or (Loss)

 

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