3620892
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

For reasons I can't explain, turbotax is doubling my capital gains. How to correct?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JohnB5677
Expert Alumni

For reasons I can't explain, turbotax is doubling my capital gains. How to correct?

Did you import the same information twice?

 

Please check your tax return

You can preview your tax return by going to:

 

  1. On the menu bar on the left that shows.
  2. Select Tax Tools
  3. On the drop-down select Tools
    1. Tip: If you don't see the dropdown for Tools, minimize the Home feature.
  4. On the popup menu
  5. Select View Tax Summary
  6. On the left sidebar
  7. Select Preview my 1040.
  8. Capital Gain is line 7
  9. If you had a carryover, it will have been deducted

Some key numbers on your 1040 tax return are:

Line 9 - Total Income

Line 11 - AGI

Line 15 - Taxable Income

Line 19 - Child Tax Credit

Line 24 - Total Tax.

Line 25 d - Withholdings.

Line 26 - Estimated tax payments

Line 27 - Earned Income Credit

Line 28 - Additional Child Credit

Line 33 - Payments including Credits.

Line 34 - Overpayments.

Line 37 - Tax owed.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question