Capital gains
Hi,
why is my fed tax return showing a capital gains of $23,000 but my one and only 1099-B shows only $14,700?
Thanks,
Bill
Hi,
why is my fed tax return showing a capital gains of $23,000 but my one and only 1099-B shows only $14,700?
Thanks,
Bill
Capital gains can also come from 1099-DIV, business asset sales, sale of other items on sch D. Take a look at your sch D, 4797, 8949, and any worksheets. Choose to see all worksheets, not just tax forms. Once you find the additional income, you can track down where it began. You could also have a hiccup when the data imported.
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