Mike9241
Ref your comment...
"if its excludable the adjustment goes on line 5b of the 8960"
I found that if you are using TurboTax Premier Desktop, you will get an error if you override the value on Line 5b on 8960.
You need to enter the amount on the WORKSHEET for Form 8960. There's a line item in the section for Line 5b that states "Net gain or loss from disposition of property not subject to net investment tax".
Enter the value there and it feeds to Line 5b on 8960.
