Turbo includes tax-exempt dividends in the 1040 2a Tax-exempt Interest amount. Presumably that is correct. If so, it seems similarly logical to include tax-exempt capital gains in the 1040 2a amount. When I donate appreciated securities to a qualified charity, I realize a tax-exempt capital gain. Turbo does not add that gain to 1040 2a. Should I? Doing so has no effect on my personal tax liability but does change the 1040 2a data, thus affecting whatever that data is used for.
