Get your taxes done using TurboTax

what are you doing?  you enter capital gains/losses through a 1099-B worksheet or if your broker partners with TurboTax you can import the info.  the transactions then show up on forms 8949.  TurboTax sorts out the short and long-term items. the short-term items are then carried to Part 1 of Schedule D and the long-term are carried to Part 2.  you should not override entries on schedule D.  doing so will prevent you from e-filing.

 

line 16 is a total/net of lines 7 and 15.  if there are net Long-term gains the Long-term gain and qual div wks is generated. if the losses net to short-term and there are no qualified dividends the wks is not generated.