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Level 1
March 31, 2023
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long term capital gains > $250,000 in WA state

Related products:Lacerte
  • March 31, 2023
  • 1 reply
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This is to help those in Washington state who have clients with LT capital gains in excess of $250,000. WA state has instituted a capital gains tax of 7% on LTCG > $250,000. 

Could you add a feature that could alert us maybe by a diagnostic if the tax client had long term capital gains of >$250,000, or maybe add something so that we could add a filter to show clients with only Longterm capital gains. The capital gains does not apply to long term capital gains on real property, but I understand that that would be expecting too much...or maybe not.   

Thank you very much

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1 reply

qbteachmt
Level 15
March 31, 2023