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Level 1
December 7, 2019
Solved

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

  • December 7, 2019
  • 1 reply
  • 11 views
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Best answer by TaxGuyBill

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...


1 reply

Level 15
December 7, 2019

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...