I am the Trustee on a Trust that was formed in 2008. The only assets are commercial land and a revenue producing building which are being sold. Turbo Tax is computing the long term capital gains rate at 28%. How should I be reflecting the transaction in Turbo Tax. I think the rate should be 15% and I must be reporting it incorrectly.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
