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January 23, 2023
Question

I am not using a schedule D yet turbo tax is saying I need to upgrade because You have Capital Gains or Losses (Schedule D). I am filing a standard deduction??

  • January 23, 2023
  • 1 reply
  • 0 views
How do I bypass this?

1 reply

rjs
Employee
January 23, 2023

Did you enter a sale of any investments, your home or other real estate, crypto, or anything else?


Did you have a capital loss last year that produced a capital loss carryover?


Did you import 1099 information from any financial institution?


Did you enter or import any 1099-B?


Did you enter or import a 1099-DIV with an amount in any box other than 1a, 1b, or 2a?


Did you enter any Schedule K-1?


What kinds of income do you have other than wages on a W-2?


The standard deduction has nothing to do with what kinds of income you have or whether you need Schedule D.