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Level 1
April 6, 2022
Question

Anyone getting the wrong tax amount for 1041 schedule d

  • April 6, 2022
  • 1 reply
  • 1 view
the schedule d tax worksheet seems to be giving the wrong information for taxes owed.
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1 reply

sjrcpa
Level 15
April 6, 2022

Have you recomputed every line yourself to check?

Remember that the maximum rate is 20%, but cap gains can be taxed at lower rates.

I doubt the software is wrong but it is possible.

The more I know the more I don’t know.