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R
rlheest
March 10, 2025
Question

I believe that Turbotax is incorrectly calculating my Capital Gains.

  • March 10, 2025
  • 1 reply
  • 0 views
I have only one 1099-B which shows a capital loss of $27 but "See my Capital Gains" shows a gain of $519. How can I determine where that is coming from? Where can I see where it thinks that the gain is coming from?

    1 reply

    rjs
    rjs
    Employee
    March 10, 2025

    Do you have any capital gain distributions in box 2a of a Form 1099-DIV? That is included in your total capital gains.


    Look at the actual tax forms, not the summary screens in TurboTax. Look at Schedule D to see all of your capital gains.

     

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