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February 22, 2020
Question

Community Property adjustment to capital gains distribution from 1099-DIV

  • February 22, 2020
  • 1 reply
  • 0 views

I am married filing separately in a community property state and I need to make an adjustment to capital gains distributions from mutual funds from a 1099-DIV.  I can adjust dividends but there is no screen to adjust the capital gains.  How can I adjust these?

    1 reply

    KrisD15
    March 2, 2020

    You can enter that on the "Community Property - Other Miscellaneous Items" screen. 

    This is just a worksheet, the tax is computed on the return, so you can enter the amount of capital gains here, short and long term.

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