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Level 3
October 9, 2024
Question

why is line 47 on the schedule D worksheet changing the amount I had on line 46?

  • October 9, 2024
  • 1 reply
  • 9 views

I recorded the sale of a rental property on the 4797(the land in Part 1 and the building in Part 2).  Line 46 of the Capital Gains worksheet has $11829 for total tax to bring to the 1040.  Line 47 changed this amount

to $1074.  I can't figure out why this happens.  

 

 

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1 reply

Jim-from-Ohio
Intuit Community Champion
October 9, 2024

being addressed in your first thread that you started.. please refer to that