TaxGuyBill
Level 15
12-07-2019
05:48 AM
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"The 13 240 comes from Capital gain of 24 513 - 11 273 rental real state suspended loses (final year)"
I think that is what you are missing. The suspended losses are ORDINARY, and offset the W-2 income. Then you have $24,513 of capital gain.
I think that is what you are missing. The suspended losses are ORDINARY, and offset the W-2 income. Then you have $24,513 of capital gain.