SandySocks
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Thanks, I did print out the worksheets and did it manually as I got too frustrated with TurboTax and figured it out that way, which yielded $0 tax liability on ...
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no TIA
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Yes, decided to try it manually and it makes better sense and did not include the tax on the capital gain. In comparing the manual to TurboTax and I found that ...
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PS when I go to file the taxes it still says owing tax amount including the capital gains tax and ignoring that the income was under $44k. So even though the so...
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Problem still not solved and now wondering how many times TurboTax had people who were on small fixed incomes pay capital gains tax even though their income was...
Activity Feed for SandySocks
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 16, 2024 1:41 PM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 16, 2024 1:34 PM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 6, 2024 1:42 PM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 6, 2024 11:05 AM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 6, 2024 10:57 AM
- Cheered Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,000? Seems like a glitch in Turbotax software! for pqm5. April 6, 2024 10:50 AM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,0... on Get your taxes done using TurboTax. April 6, 2024 9:47 AM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,000? Seems like a glitch in Turbotax software! on Get your taxes done using TurboTax. April 5, 2024 11:44 AM
- Posted Re: Why are my long-term capital gains being taxed when my total earned income is less than $40,000? Seems like a glitch in Turbotax software! on Get your taxes done using TurboTax. April 5, 2024 11:37 AM