I did this before, few years ago, but totally forgot, and this isn't obvious.
Schedule D has Part II: Long Term Capital Gains. Line 16 there says to combine lines 7 and 15. So it looks like long term gain gets combined with the short term gain, and doesn't make a difference. But I know it does/should make a difference.
So could you tell me, which line(s) in which form(s) does the lower tax for the long term gain comes from?
Schedule D has Part II: Long Term Capital Gains. Line 16 there says to combine lines 7 and 15. So it looks like long term gain gets combined with the short term gain, and doesn't make a difference. But I know it does/should make a difference.
So could you tell me, which line(s) in which form(s) does the lower tax for the long term gain comes from?