2006425
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

moneil777
New Member

Turbo Tax software managed to incorrectly convert my long term stock sale profits and home sale profit into fully taxable ordinary income. Two phone calls of no help.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Turbo Tax software managed to incorrectly convert my long term stock sale profits and home sale profit into fully taxable ordinary income. Two phone calls of no help.

put your sales into the proper Category i.e. Long Term.

brumpff
New Member

Turbo Tax software managed to incorrectly convert my long term stock sale profits and home sale profit into fully taxable ordinary income. Two phone calls of no help.

I have the same issue, my long term stock sales are being taxed as regular income. they are in the long term section, but the full amount is being taxed. what went wrong? how to fix?

Turbo Tax software managed to incorrectly convert my long term stock sale profits and home sale profit into fully taxable ordinary income. Two phone calls of no help.

the full amount is taxable.

But at what rate? that is the question.

You need to see the QDCGW, to know what is happening,

 

 

TurboTax Online won't let you see the worksheets.

Switch to the CD/download program running on your computer.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question