pianolady
Level 2
06-30-2020
02:02 PM
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Greetings to the Community,
Today I am working on a return for a deceased individual and his estate. Thought I would see what good advice there might be out there since I haven't done one in awhile. There isn't that much income but over $600 and what does the K-1 form mean when it asks for 'net' long term capital gain? Wouldn't that already be part of the calculation on the 1099?
Thank you, everyone, hope you are having a great day!
Dawn