Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

LTCG from sale of stocks is being taxed at 100% rather than 50%

nwaterman
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
TaxGuyBill
Level 15

Asking the same question without providing more information is not going to help.

We need to know WHY you think only 50% should be taxed, as well as how are you entering it into the software.  Once you tell us that, somebody may be able to help you.

https://accountants-community.intuit.com/questions/1811852-why-is-100-of-ltcg-carrying-to-1040-rathe...


View solution in original post

0 Cheers
1 Comment 1
TaxGuyBill
Level 15

Asking the same question without providing more information is not going to help.

We need to know WHY you think only 50% should be taxed, as well as how are you entering it into the software.  Once you tell us that, somebody may be able to help you.

https://accountants-community.intuit.com/questions/1811852-why-is-100-of-ltcg-carrying-to-1040-rathe...


0 Cheers