My tax calculation seems to be triggering AMT. It appears capital loss carryover not included? in Get your taxes done using TurboTax
I am a US citizen. Sold inherited land in India in 2023. Paid Capital gains tax in India and working on filing US tax return. Buyer paid the sale amount in three installment. For calculating US Capital Gains, converted the spot exchange rate each time a in Deductions & credits
Calculating adjusted basis, capital gains, and taxes due from life estate due to sale of part of the property in [Event] FIrst Financial Bank + TurboTax | Ask the Experts About Your Taxes