I found this web site that seems to make a little more sense in calculation for a sale. http://www.naptp.org/PTP101/Basic_Tax_Principles.htmlthe only trouble is that when I try to apply it to the k-1 it seems to not make much sense to me. then we have the capital loss carry over. has any one ever tried to figure out what the gain is so you can pay your estimated tax.better to have some money to pay tax on, then no money. wondering in a sea of confusion.
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