Joe299
New Member

Double Entry

On my monthly statements from Fidelity, in the Capital Gains section, I have inputs listed as “Total Realized Accrued Market Discount” in the amount of $1236.19 on my 1099-B.

On my 2024 Turbo Tax Premier copy, that $1236 shows up in interest and also Long Term Capital Gains. According to Turbo Tax, I am being taxed twice. That gain should only show up in Long Term Capital Gain, and not interest.

How do I fix this problem. I cannot edit the work sheet.