Hello,
I've been fighting with turbo tax premier for a few hours now. While entering info from my 1099-B from an employee stock account it seems to be trying to tie my 1099-B Proceeds to my W-2 (probably correctly), but it's causing it to produce an incorrect Gain/Loss value. To troubleshoot I've done the following:
With an Imported W2 from my employer:
- Imported my 1099-B from my broker account (produced an incorrect Short Term Gain of $2620.00)
- Manually typed in all the transactions from the 1099-B (produced an incorrect Short Term Gain of $2620.00)
- Manually typed in grouped transactions (Long term and Short term) (produced correct Short Term Gain of $-40 (fees for sell to cover transactions))
In a separate return file with no W2 info:
- Typed in all of my 1099-B transactions (produced correct Short Term Gain of $-40)
I'm really struggling to figure out what's going on here. Any advice would be helpful.
