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what was the calculation to find the carryover? it looks like 19000-7000=12000. But i am working on is similar income 124,000, 24% tax bracket, short
what was the calculation to find the carryover? it looks like 19000-7000=12000.
But i am working on is similar income 124,000, 24% tax bracket, short term gain is 24000, long term loss is 11000 so according to this example i thought 24000-11000=13000 for carryover but it was incorrect, so i came here for more explanation
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