Schedule D is is putting my total from line 7 (which is a gain from selling some shares of stock) from Part 1 - Short-Term Capital Gains and Losses onto line 13 under Part II - Long-Term Capital Gains and Losses. Line 13 is for Capital gain distributions reported on a 1099-DIV statement line 2a-Total capital gain distributions. My total for line 7 is reported on my 1099-B statement with box A checked The software is then adding these same amounts together and putting them under Part III - Summary and including this erroneous total on line 7 of my 1040.
My short-term capital gain should not be reported under long-term capital gains as well. This is increasing my taxes due and it is a software error in Turbotax. I have contacted turbotax customer service numerous times for help and have had no luck. I tried overriding the error and fixed the form so it was correct, however turbotax then won't let me e-file because it doesn't want you to override their forms.
Turbotax needs to fix this software error. It is costing anyone who had short-term capital gains last year a lot of money. I am surprised there is no discussion regarding this topic. Any suggestions??
