Can turbotax calculate capital gains?

Turbotax calculates your cap gains tax on the Qualified Dividend/Long Term Capital gains worksheet, and that calculation is accurate. However, if your income is high enough that you are subject to the Alternative Minimum Tax, you can be seeing a secondary effect. When you are subject to the AMT, you have a deduction which can […]

Which turbotax for capital gains?

This does not include your primary residence. Special rules apply to those sales . You’ll use Turbo. Tax Premier to report capital gains and losses as described above. If you have just interest and dividends (Schedule B) you can use any version of Turbo, and tax. However, if you have capital gains /losses reported on […]