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Hi @rjs Thanks for indicating to me to look at the TT "qualified dividends and capital gains tax worksheet" to assess how TT DELUXE is calculating the long term Cap Gains tax on qualified dividends and capital gain distributions (1099-DIV boxes 1b and 2a).

 

Prior to posting, I have reviewed the TT "qualified dividends and capital gains tax worksheet"

In summary, TT DELUXE is circular and not correctly handling 1099-DIV boxes 1b and 2a.

 

TT "Qualified Dividends and Capital Gain Tax Worksheet" states:

"Line #3. Are you Filing Schedule D?

if Yes. Enter the smaller of line 15 or 16 of Schedule D. If either line 15 or 16 is blank or loss, enter -0

if No. Enter the amount from Form 1040 or 1040-SR, line 7

TT DELUXE is populating line 3 with 1040 Line 7  "

TT DELUXE is not populating Schedule D with 1099-DIV boxes 1b and 2a. I qualify for the IRS 15% MFJ  net capital gain. 

Here is a screen shot of TT "Qualified Dividends and Capital Gain Tax Worksheet" :

Line 3 TT Qualified Dividends and Capital Gain Tax Worksheet.PNG