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New Member
posted Feb 24, 2025 10:03:34 AM

Schedule D Part II Line 13 is reporting capital gains distributions that appear nowhere in my entries. Selecting line to entry goes to schedule B interest and dividends.

Amount on line 13 more than doubles the capital gains reported on my 1099-B's. The jump to hourglass says the amount comes from Schedule B Interest and Dividends but there is no amount on that form that corresponds to the line 13 entry.

0 3 1379
3 Replies
Expert Alumni
Feb 24, 2025 10:59:09 AM

Your capital gain distributions would come from a Form 1099-DIV which would primarily report dividends. They would be listed in box 2a of that form. While they will appear on the Dividend Income Smart Worksheet in TurboTax on Schedule B, they won't appear on the Schedule B that you file with your tax return though, so you may not see it there.

 

 

I suggest you look at the Form 1099-DIV you have in your program to see if there is a duplicate, and if so you can delete it:

 

1. Choose the Tax Tools option on your left menu bar while working on your return

2. Choose Tools

3. Choose the Delete a form option under Other Helpful links 

4. Find the duplicate Form 1099-DIV in the list and delete it

New Member
Apr 1, 2025 5:59:22 PM

I have a similar problem.  These instructions don't work because I can't find the left menu bar or the "Tools" referred to. How do I get to them. I'm on a PowerBook. The Capital Gains distribution does NOT match what is shown on my Fidelity 1099 DIV, line 2a, reporting my total capital gains distributions for my stock sale.

New Member
Apr 1, 2025 7:58:10 PM

Figured it our myself after noodling around for 30 minutes all over TurboTax while waiting for a response from TurboTax.  

 

How to find it on a MacBook:

1. On the TOP menu bar, click on the faint "Forms" icon. (Surprise, it works in spite of looking like it's not active!)

What is in the window will change with the list of "Federal Forms" dropping down on the left and the forms display on the right.

2. Go down the list to any item in question. Highlight and click on the item of interest to you on the list. That item will appear to the right of the list for your evaluation and comparison.

In my case, listed below "Schedule B" are the various 1099 forms that could contain "Total Capital Gains Distributions". Clicking on them one by one I found the duplicate.

3. To delete an item, while it is highlighted on the left list and displayed on the right, simply hit the "delete" on your keyboard.