2042080
I have entered all the Barter Exchange Transactions and triple checked my numbers. What I have entered matches exactly to the 1099-B I received. However, at the income summary screen of TurboTax the Capital Gains and Losses category is over by over $55,000.
I have tried entering every transaction manually and also tried doing a summary of each category without any luck..
EDIT: After removing all 1099-B information so there are no listed stock sales, in the income summary it still says there are $55,000 in capital gains.
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we can't see your return, source documents or return entries. could you have received capital gain dividends of $55K on 1099-Div line 2a of the form in error? have you reviewed the actual schedule D, because the line containing the extra $55K should be apparent then you can track it back to the source which would likely be the 1099-B worksheet
I'm having a similar problem. Working on an 2020 Apple MacAir running Monterey. Doubleechecked entries for proceeds and cost basis which totals out a realized gain of $18666.00 But on the personal income summary the program shows $130.939!
There is a glitch running here somewhere.
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