@Mike9241Last question:If I only made a gain of $585 on the sale, why do I have to claim $1800 as ordinary income? I know for sure I didn't make a profit of mor...
@Mike9241I think I fixed it so the capital gain is being captured once w/correct basis and the gain subject to recapture displays on my 1040 !!!Here is what cha...
@Mike9241You clearly know what you are doing. Thank your time and patience!Can you please tell me what do I enter in the Turbo Tax Wizard screen? Each input res...
@Mike9241Hi Mike,Can you verify I inputted the correct partnership basis? I don't understand why I'm seeing a gain and a loss on schedule D.BACKGROUNDOn 1099B, ...
Thank you so much!!I see the calculations in the directions but don't understand what to input into Turbo Tax...From brokerageCost basis (which is wrong) $3939P...