d_wesley
Returning Member

How do I view how Turbotax calculates capital gains? Total from all 1099 forms is $16,812. TT says I have $32,309 in capital gains.

Sold some stocks. Total short term & long term combined proceeds are $40,020. Total cost basis is $25,759. So a gain of $14,260. Turbotax says my capital gains are $32,309 - how is that calculated?