my accountant says that basis must always be calculated for each and every capital gain, no matter what.
is this right?
i have a very limited scenario where i want to submit the full amount of a small sale, no capital gain exclusion.
also, does it matter if you itemize or not?
any thoughts on this would be great.
thanks
is this right?
i have a very limited scenario where i want to submit the full amount of a small sale, no capital gain exclusion.
also, does it matter if you itemize or not?
any thoughts on this would be great.
thanks