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Why is my 2015 Turbotax Home & Business allowing me to deduct all prior SCH D carryover against my taxes due? Never happened before!
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Why is my 2015 Turbotax Home & Business allowing me to deduct all prior SCH D carryover against my taxes due? Never happened before!
Prior year Capital losses are netted against current year cap gains and then you are limited to only $3000 of loss on top of that ... look at the Sch D carryover worksheet and the form 1040 line 13.
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Why is my 2015 Turbotax Home & Business allowing me to deduct all prior SCH D carryover against my taxes due? Never happened before!
Prior year Capital losses are netted against current year cap gains and then you are limited to only $3000 of loss on top of that ... look at the Sch D carryover worksheet and the form 1040 line 13.
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Why is my 2015 Turbotax Home & Business allowing me to deduct all prior SCH D carryover against my taxes due? Never happened before!
Turbo-Tax should not pull the Cap-gains carryover into the Home& business summary! There should be a separate carry-over for one's business; or at least a warning Re the difference.
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