nwaterman
Level 1
12-07-2019
01:06 AM
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Solved! Go to Solution.
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sjrcpa
Level 15
12-07-2019
01:06 AM
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Is this some special sitration - such as for 1202 stock?
Ex-AllStar
Ex-AllStar
sjrcpa
Level 15
12-07-2019
01:06 AM
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The 50% (I thought it was 60%) subtraction for long-term capital gains expired MANY years ago.
Ex-AllStar
itonewbie
Level 15
12-07-2019
01:06 AM
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Agree the 50% expired long ago but the OP doesn't seem to be interested in understanding the current provisions.
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Still an AllStar
Still an AllStar
TaxMonkey
Level 8
12-07-2019
01:06 AM
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I suppose that when you wrote your question it made perfect sense to you. However, to me there is not enough context to even vaguely understand what you are asking.
TaxGuyBill
Level 15
12-07-2019
01:06 AM
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Apparently the OP disagrees with you (gave you a "no" vote), and seems to have no intention of giving any more information why he thinks only 50% of the gain should show up.