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View Full Version : Long Term Capital Gains?


walowry
Dec 17, 2006, 02:06 PM
I used TaxAct to do my 2005 taxes. During 2005 I sold stock that I held for more than 2 years. When I reviewed the TaxAct print out, there was no discount on the gains from the stock sale. When I sold stock in the past (long term), only a portion of the gains was recorded as income. Is long term still available? If so, what form should I review to correctly show my stock sale.

Thanks

AtlantaTaxExpert
Dec 17, 2006, 03:01 PM
Double-check to make sure you entered the correct dates for When Purchased and When Sold.

Check Schedule D for the computations.