sale of common stock

[mspee1411]

I had to purchase one share of my medical company's common stock in 1997.  I sold it in 2019 for large capital gain of $118,000.  But turbotax premier only calculates about a $2000 tax bill on this.  I thought it should be 15%.   Is there an error in program?

[JohnB5677]

Check and see if you have a blended tax rate.  If your income is low the tax rate on Long Term Gain can be as low as zero.

[mspee1411]

OK, I understand my tax rate is low then.  But when I try to e-file my return I get an error message.  On my capital gains worksheet it cannot accept that my share went from $2000 to $121,078.  It says this is an error.  How can I fix this in Turbo-tax?

[fanfare]

try a different tax software provider.