LIne 13 of Schedule d shows an $12775 entry for Capital gains that appears to be wrong. I entered $12000 on Line 8B. Where is the line 13 entry originating?

[rfsmith48]

Schedule D as calculated the Ttax claims I have almost $25000 in capital gains, when stock sales indicate only $12000 (Line 8B)

Is anyone on this forum gonna answer?

[TomYoung · Accepted solution]

The common answer to these questions is that it's not only your own trades that are reportable capital gains.  You also get reportable capital gains from other sources, the most common of which are 1099-DIV's and Schedule K-1.

Since you're using the desktop version of TurboTax you should be able to right click that Line 13 amount and Quickzoom to support for that amount.  Seems to be capital gains distributions from mutual funds.

Tom Young