@470pitt wrote:
I hate to keep bothering you but on line 7 it is $46000 line 8 is -19000 line 9 44012 line 12
$30700 standard decuction line 15 is 13312 taxable income but the tax is zero
It sounds like the program is doing it correctly.
Are you familiar with how long-term capital gains are taxed?
https://www.irs.gov/taxtopics/tc409
