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Tags: federal,form
Taxes not calculated for 1040 returns with Sch D
This can occur when your client is using the regular tax tables and has a tax rate less than 25%. For these taxpayers, the Capital Gains Tax is 0%, according to IRS Publication 17: http://www.irs.gov/publications/p17/ch16.html#en_US_publink1000172517
Tags: federal,form