KevBeh2
New Member

Capital gains duplication

Schedule D Capitol gains duplication.

 On line 10 of schedule D TurboTax calculates what the LTCG is for the property sales, which comes from form 8949. On line 11A it entered in the information from box 10 of the K-1 that I received from this same property sale. Then the form added these two numbers together, which almost doubled my capital gains for these sales. This resulted in a 9600.00 over payment of taxes on these property sales. Why is this doing this and how do I correct it?