Updated almost 2 years ago on . Most recent reply
Any ideas on saving on capital gains...
I am due to recieve 50k in captial gains from an inheritance this week which falls under my 2022 taxes (that now has to be amended). In talking to my tax lady that 50k throws me into another tax bracket which has me losing all my tax benefits with my real estate investments and I'll be owning the IRS 18k. Does anyone know if there is a way to protect some of that money?
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If you're coming to the forums to ask this question after talking with your tax lady, then you need a new tax lady.