Thanks for the reply. I am using Turbotax premier. in order to populate form 1099-B i used the interview to generate 15,000 worth of long term gain. i used a w-2 to input 20,000 in wages and taxes withheld. when i then removed the 1099-b by deleting the form and the refund amount increased, implying that the capital gain was being taxed. I didnt think that there was capital gain tax when the taxable income amount was below 39k
