Self employed

Chris, 

 

Thank you for your response.

 

Between my post and now I spent some additional time researching this and now understand what was happening.

 

TT calculated my Cap Gain absolutely correctly.

 

It is IRS that forces them to use the "Unrecaptured" Worksheet that calculates line 19 and -- at least in my situation -- the number calcuated and put on Line 19 is actually _not_ used in the next worksheet

("Sched D Tax) which calculates the taxes due. 

 

I do not know why that is the pathway the IRS chose -- but the numbers come out right. 

 

Thank you for taking the time and responding to my question. 

 

Best, 

 

Bob