Are you looking at the forms? Schedule D will separate your short- and long-term capital gains from your sales. Parts I and II on Schedule D will display your short- and long-term capital losses/gains, respectively. Here's how to look at the forms: In the left-hand menu bar, click on Tax Tools, then click Tools. Under Other helpful links, click View Tax Summary. Your Tax Summary will be displayed. In the left-hand menu bar, you will see a new option: Preview My 1040. Click it, and this will allow you to see the forms.

Question

Why does Turbo tax only states the total of the stock sales which consists of short as well as long term sales.

Forum|Forum|6 years ago
March 9, 2020
1 reply
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GiseleD

Are you looking at the forms? Schedule D will separate your short- and long-term capital gains from your sales. Parts I and II on Schedule D will display your short- and long-term capital losses/gains, respectively.

Here's how to look at the forms:

In the left-hand menu bar, click on Tax Tools, then click Tools.
Under Other helpful links, click View Tax Summary.
Your Tax Summary will be displayed. In the left-hand menu bar, you will see a new option: Preview My 1040. Click it, and this will allow you to see the forms.

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bota85Author

Thank you for the information. As this is the first time using TurboTax I may have tried too many things on the part for the state. In 2018 we had an over payment and received a refund. However this is irrelevant because we do not itemize the deductions.

For the 1040 we did not import all the information required by TurboTax. We forgot the social security benefits and the estimated tax payments we made in 2019. We would appreciate it you would let us know the next step we have to take. Have a great day!