Smitty
Level 4
01-11-2022
08:22 AM
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Client sold rental property gain of $70,000 Pro Series show no tax due
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IRonMaN
Level 15
01-11-2022
08:43 AM
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Maybe they should go out and buy a lottery ticket next as long as they are having a streak of good luck.
Slava Ukraini!
Level 15
01-11-2022
09:20 AM
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You need to follow the money through the return to decide if this is correct or not, nobody here can see whats really going on from here.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
01-11-2022
09:33 AM
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I guess I thought we were just celebrating since I didn’t see a question in there anywhere. Folks sometimes need to live dangerously and actually look at where the numbers are coming from rather than blindly relying on the software.
Slava Ukraini!
Smitty
Level 4
01-11-2022
09:35 AM
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Client had gain of $70,000 on rental property. Client also had carryover loss from stock sales, so assume reason for no tax. Should have checked all info before posting. Thank you for responding so quickly.
Level 13
01-11-2022
09:40 AM
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that happens......
Glad you found it!