About taxtaxbax

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Solved Re: When I include a long-term collectible I sold, it makes my tax d...

I found the delta.It is Net Investment Income Tax (NIIT) at 3.8%. Never knew that existed. Ugh.

taxtaxbax

2

Updated Apr 12, 2022
Solved Re: When I include a long-term collectible I sold, it makes my tax d...

Yes. On line 47 of the Schedule D worksheet there is a total of $84k for tax on taxable income. My withholding is $37k, so I would expect a tax due of $47k, but...

taxtaxbax

3

Updated Apr 12, 2022

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Date Registered	‎April 12, 2022 5:10 AM
Date Last Visited	‎April 12, 2022 1:17 PM
Total Messages Posted	3

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