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Returning Member
posted Apr 1, 2025 10:23:25 AM

The system is showing me inaccurate numbers

0 4 225
4 Replies
Expert Alumni
Apr 1, 2025 1:14:13 PM

Is one for short-term and the other for long-term? Those are taxed differently so will be shown separately.

Level 15
Apr 1, 2025 1:16:44 PM

Did you have a Capital Loss Carryover from 2023?   Or some of your sales might be missing the purchase cost so it looks like a gain.  Did you import the 1099B?  It might have imported wrong.  

Level 1
Apr 1, 2025 2:28:22 PM

Is your loss, what was final on 12/31/24 or currently?  Your capital gains are still taxable even if you end up with a "loss" overall.  If you sell a stock on for a gain in 2024, reinvest that money in the market and " lose it", you still are taxed on your gain....

Expert Alumni
Apr 1, 2025 2:32:06 PM

Did you sell a depreciable asset such as rental property?

 

@gbej2212