Hi,
I'm using 2018 TurboTax Deluxe Windows CD and entered all my information in step-by-step mode and using imported documents.
When done, the Income Summary page listed all income, such as pensions, social security, and interest except for capital gains. So I thought I had no tax liability on capital gains.
However, capital gains was reported on my 1099-DIV line 2a and transferred to Schedule 1 line 22. This amount was added to the 1040 line 6 and included in my total taxable income.
I had called Turbo Tax and talked to a rep about this and she didn't know what to say about it. In fact she didn't understand why I was being taxed on capital gains all since the distributions were reinvested (but I have since talked to my broker and the actual tax calculation seems to be correct). I also saw someone report this discrepancy for the 2017 edition but they didn't receive an answer.
Has anyone else noticed this discrepancy?
TurboTax, please fix this and add (short term) capital gains income on the Income Summary page.
