Hal_Al
Level 15

Investors & landlords

If, by "enter long term capital gain", you mean you want to enter the total capital gain distribution from box 2a of the 1099-DIV, you can not do that in the free edition of TurboTax (TT). You will have to upgrade.

 

In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in  Home & Business)

 - Wages & Income

Scroll down to:

-Interest & Dividends

  - Dividends on a 1099-DIV

 

A capital gain distribution, shown in box 2a of a 1099-DIV, is NOT entered on form 8949.  It goes on line 13 of Schedule D.  In TT, it gets there just by entering the 1099-DIV.  Even though it is on this special line, it still gets combined with other capital gains and losses, shown on form 8949 and Schedule D for the special capitals gains tax treatment.