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Barry135
New Member

why am I showing capital gains on the sale of a second home if I made less than $94050 and filing married jointly

 
posted
‎February 28, 2025 1:50 PM
last updated ‎February 28, 2025 1:50 PM
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DoninGA
Level 15
Level 15

why am I showing capital gains on the sale of a second home if I made less than $94050 and filing married jointly

Capital gains is entered on your tax return as income.  Entered on the Form 1040 Line 7

‎February 28, 2025 1:51 PM
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