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Question

The system is showing me inaccurate numbers

Forum|Forum|1 year ago
April 1, 2025
2 replies
0 views

No text available

Is one for short-term and the other for long-term? Those are taxed differently so will be shown separately.

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Employee

Did you have a Capital Loss Carryover from 2023? Or some of your sales might be missing the purchase cost so it looks like a gain. Did you import the 1099B? It might have imported wrong.

Is your loss, what was final on 12/31/24 or currently? Your capital gains are still taxable even if you end up with a "loss" overall. If you sell a stock on for a gain in 2024, reinvest that money in the market and " lose it", you still are taxed on your gain....

Did you sell a depreciable asset such as rental property?

@gbej2212

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