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Returning Member

Schedule D Tax Worksheet line 33 is a negative

Since Schedule D Tax Worksheet line 33 is a negative, so is line 34 & line 47

 

The instructions at line 33 do NOT say if a negative to enter ZERO.

 

Perhaps entering a ZERO is a given?

 

 

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2 Replies
ThomasM125
Expert Alumni

Schedule D Tax Worksheet line 33 is a negative

Line 33 is used to determine the amount of your capital gain income that is taxed at 20%. So if you had a negative number there, you would have to enter $0 or you would end up with a negative tax, which is not possible. So entering a $0 is a given. 

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Returning Member

Schedule D Tax Worksheet line 33 is a negative

Thanks Thomas

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