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April 8, 2020
Question

Should capital gains be shown as gross sales instead of profit from sales?

  • April 8, 2020
  • 1 reply
  • 0 views
during entry of investment sales my gains are should correctly but when I get to the summary section it shows the gross sales, not just the profit as income.
I think this is incorrect. Can anyone explain why my gross sales are shown as income?

1 reply

AmyC
Employee
April 8, 2020

They should not be. You need to contact a specialist that can work through that section of the return with you. 

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