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IRS sent a note that says "Schedule D is incomplete or missing from your return." Turbotax hasn't produced a Schedule D for me. How do I get a completed one?

Forum|Forum|6 years ago
December 7, 2019
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The IRS notice is also asking for back up documentation, which I can send, but I don't know where to find a filled out Schedule D because I am not seeing it in my Turbotax file.

TurboTax Self Employed Online

Best answer by dmertz

If a missing Form 1099-B is not the reason that the IRS thinks your tax return needs Schedule D, it's possible for the IRS to think that your tax return should have included Schedule D if you had dividends or capital gains reported only on Form 1099-DIV, you mailed your tax return and the IRS data transcriber failed to transcribe the mark in the checkbox on Schedule 1 line 13. (It happened to me once.) The resulting entry in your tax-return transcript on line 13 without the corresponding checkbox mark implies to the IRS that your tax return should have included Schedule D when, in fact, it was not required. If this is the only reason that the IRS thinks you need to provide Schedule D, rather than trying to convince the IRS that no Schedule D was required you can simply open your tax file using the CD/download version of TurboTax, switch to forms mode, open Schedule D, print the form and mail it to the IRS.

If you e-filed the tax return, disregard this possibility.

V

Vanessa A

Did you have a 1099-B that you entered into TurboTax?

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Hal_Al

Employee

The usual reason for the notice you got is that you failed to report a form 1099-B (stock or mutual fund sales) that you received. The IRS received a copy of that 1099-B, in your name and SS#. Had you entered it in TurboTax, it would have ended up on Schedule D.

D

dmertzAnswer

Employee

If a missing Form 1099-B is not the reason that the IRS thinks your tax return needs Schedule D, it's possible for the IRS to think that your tax return should have included Schedule D if you had dividends or capital gains reported only on Form 1099-DIV, you mailed your tax return and the IRS data transcriber failed to transcribe the mark in the checkbox on Schedule 1 line 13. (It happened to me once.) The resulting entry in your tax-return transcript on line 13 without the corresponding checkbox mark implies to the IRS that your tax return should have included Schedule D when, in fact, it was not required. If this is the only reason that the IRS thinks you need to provide Schedule D, rather than trying to convince the IRS that no Schedule D was required you can simply open your tax file using the CD/download version of TurboTax, switch to forms mode, open Schedule D, print the form and mail it to the IRS.

If you e-filed the tax return, disregard this possibility.

V

Vanessa A

If you did not enter your 1099-B, you will need to click here for instructions on how to Amend Your Return. Once you are in, you will Enter Your 1099-B. You will then need to print and mail your amended return to the IRS. Amended Returns can NOT be e-filed, they must be mailed.

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