arthur-solvang
Level 2
05-16-2020
10:24 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Short-Term Capital Gains and Long-Term Capital Gains were entered and netted correctly. Then the sale of a private residence was added creating a taxable $15,200 Capital Gain.
This does not show up on Schedule D
This does not show up on Form 8949
However, the correct tax is calculated!
How can this happen? What can be done to fix it?
Labels
IRonMaN
Level 15
05-17-2020
10:34 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I don't do Online, but is the tax if calculating correctly, I'm guessing it is there but you just aren't seeing it.
Slava Ukraini!
itonewbie
Level 15
05-18-2020
07:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You should check your input again to make sure you have followed the instructions here. Provided you made your input correctly, PTO will prepare the F.8949 and compute the tax correctly.
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar
