TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

When adding all my 1099-B sales the total reported by TurboTax is way higher than what was in the form reported by my broker

Forum|Forum|1 year ago
March 2, 2025
1 reply
0 views

I looked at "Explain my taxes" and saw the breakdown per categories (W-2s, 1099-INT, DIV and B). All were correct but not 1099-B which is much higher than expected. There are 150 entries in my 1099-B and I checked almost all of them and found no wrong info. It feels like TT is double counting.

You should review your IRS form 1099-B information to make sure that you are comfortable with what is being reported.

You are able to review and correct the transactions that are reported within the TurboTax software.

Check the box to the left of the transaction to initiate Bulk Edit. The pencil icon to the right may also be used to edit or correct the transaction.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"