- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Turbo Tax May Be Making Mathematical Errors!
I typed into Turbo Tax Premier that at one brokerage I have a long-term, non-covered net gain of $8218.24 and a long-term, covered net loss of -$867.18; at another brokerage I have a long term, covered net gain of $14,104.43. This should result in a total long term gain of $21,455.49. However, when Turbo Tax summarizes my 2022 total gains/losses at a later point (when asking me to estimate future gains/losses), it lists my total long-term capital gain as $28,151. This is $6695.51 more than what it really is. (Note: the total short term loss was calculated correctly.) Please, what should I do?
‎April 12, 2023
12:56 PM