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I have clients who live in Ireland. They have a joint bank account, but no accounts owned separately. When preparing their Form 114 I am getting an error on For...
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Thank you. This led me to see that the gain increased total income for purposes other than capital gain tax. Clients are still in the 0% capital gains tax brack...
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I have clients (MFJ) with TY2020 AGI of $59,885. Their tax return shows a refund of $1,036. When I input the long term capital gain of $10,000 from the sale of ...