Why is 100% of LTCG carrying to 1040 rather than 50%?

[sjrcpa]

Is this some special sitration - such as for 1202 stock?

[sjrcpa · Accepted solution]

The 50% (I thought it was 60%) subtraction for long-term capital gains expired MANY years ago.

[itonewbie]

Agree the 50% expired long ago but the OP doesn't seem to be interested in understanding the current provisions.

[TaxMonkey]

I suppose that when you wrote your question it made perfect sense to you.  However, to me there is not enough context to even vaguely understand what you are asking.

[TaxGuyBill]

Apparently the OP disagrees with you (gave you a "no" vote), and seems to have no intention of giving any more information why he thinks only 50% of the gain should show up.