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JudyE
Level 2
03-29-2022
10:49 PM
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If a client lives in the US since 2019 and he sells a property (house) in Puerto Rico and there is a $28,000.00 capital gain is it reportable in the federal return and if so, how to report...I am not savvy with Shedule D. He has not received any reportable Form. He only has a settlement statement. Puerto Rico did tax him on the amount he received a little over $4,000.00.
HELP!
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