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- Re: Form 8804. Why are my losses from 1256 transactions not offsetting my capital gains from sale of stock for purposes of Withholding?
Re: Form 8804. Why are my losses from 1256 transactions not offsetting my capital gains from sale of stock for purposes of Withholding?
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richard5
Level 1
04-23-2021
03:06 PM
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Re: Withholding for Foreign Partners on Form 8804
I have stock gains and dividends and significant Sec. 1256 Losses. Enough Losses to offset the Dividends and Gains. However, the Form 8804 computation does not include the 1256 Losses. It only shows the dividends and capital gains from stock transactions.
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