My capital gains for 2024 on the summary screen says 31000 but turbotax is saying that my capital gains is 57000. Why is turbotax calculating the wrong amount for CG?
I calculated my capital gains by hand and the summary page for 2024 is correct at appx 31000. However, when I complete the gains and dividends section, turbotax is telling me that I have 57000 in capital gains. What's happening?
011028
1 Replies
ThomasM125
Expert Alumni
Mar 3, 2025 5:49:52 PM
On possibility is that you have capital gain distributions reported on your Form 1099-DIV that you are not factoring into your calculations. It would be reported on line 2a of that form.