bstevens33
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My capital loss on line 7, Form 1040 is -$3,000. Some of my mutual fund sales in 2020 were acquired after Dec. 21, 2011. Do I report the loss for 2020 as a nega...
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For me it shows a long-term capital loss of -99,349 which looks like a carryover. This comes up while starting my Arizona State taxes. Any ideas what this means
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Yes, your explanation fits my situation and is undoubtedly the answer! Thanks for the quick response!! Much appreciated.
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- Posted TT's 1040 line 11b for 2019 shows taxable income of $47,371 ( married filing jointly ). line 12a & 12b tax shows $5,257 but I calculate it $5,296.52. Which is right? on Retirement tax questions. January 30, 2020 3:59 PM