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June 1, 2019
Question

Where do I enter a "Total Capital Gain Distribution" from my Brokerage Statement?

  • June 1, 2019
  • 1 reply
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1 reply

June 1, 2019

As my colleague TurboTax Belling previously responded to a similar question:

Capital gain distributions are normally reported to taxpayers on Form 1099-DIV (or an equivalent combined statement from certain brokerage firms).

You can enter them into TurboTax as follows:

  • Federal taxes< wages and income< select "I'll choose what I work on" or "Jump to a Full List", or 
  • Scroll down through All Income and under the section for Interest & Dividends, select Start or Update across from  "Dividends on 1099-DIV"
  • Answer "yes" on the next screen, to indicate you have amounts to enter from a 1099-DIV form.

The capital gain distributions are entered in Box 2a of the 1099-DIV input screen.   These amounts will flow to your Schedule D part II line 13.


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March 14, 2023

Thank you for the info.  That is good to know because I had the same question.  Where to enter special when you use TT Business version when you let the software taking you step by step.