captdennisdugas
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I just ran another practice 1040 and made the only capital gains as a sale of stock with a long term gain of 20000. The same results. The 20k flows right from l...
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I guess it is a matter of how you say it. "There is no capital gains tax"This is true. No ADDITIONAL percentage of your capital gains is added to you taxes belo...
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When I look at my 1040 the capital gains shows on the capital gains line and appears to flow through to ordinary income and all deductions are taken from that w...
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I did not mention that the property was rental that I will show a small profit on. does that change the situation. have held it for 5 years with a profit report...
Activity Feed for captdennisdugas
- Posted I just ran another practice 1040 and made the only capita... on Get your taxes done using TurboTax. May 31, 2019 10:35 PM
- Posted I guess it is a matter of how you say it. "There is no ca... on Get your taxes done using TurboTax. May 31, 2019 10:35 PM
- Posted When I look at my 1040 the capital gains shows on the cap... on Get your taxes done using TurboTax. May 31, 2019 10:35 PM
- Posted I did not mention that the property was rental that I wil... on Get your taxes done using TurboTax. May 31, 2019 10:35 PM
- Posted Though I fall below the amount of my taxable income to have to pay any capital gains taxes will I still be taxed on my gain as ordinary income on Get your taxes done using TurboTax. May 31, 2019 10:35 PM