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March 31, 2025
Question

Schedule D - 28% Rate Gain Worksheet

  • March 31, 2025
  • 1 reply
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In doing a preview of my tax before filing I see Part III Summary page of schedule D line 17 is check yes got to line 18 -If you are required to complete the 28% Rate Gain Worksheet (see instructions), enter the
amount, if any, from line 7 of that worksheet. I don't see a worksheet for this how would I know I don't need this did TT figured it out automatically please help me understand. Thanks

    1 reply

    April 7, 2025

    It depends. The 28% rate gain is specifically for the sale of collectibles. If you do not have any sales for collectibles you can ignore that. TurboTax would calculate this automatically if you selected collectibles or if you did not have any.

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