Where are you seeing taxes on the increase? Did you sell something or just reporting the dividends?
You only pay tax when you sell it. You pay tax on any gains you actually got from the sale. You enter the sales price and your cost and Turbo Tax calculates the gain or loss. If you sell at a loss you can deduct up to 3,000 on your tax return after applying the loss to any gains.
You should get a 1099B for sales. You have to upgrade to Premier to enter investment sales.
