I have used Turbotax for over 25 years and have had captital gains and losses many years.. This is the first year I have been stymied and where to enter the data for Schedule D. I have g one to add form and have tried clicking on 8949 but no luck. The community website says click on search but after searching many minutes for "search" no luck.
I have always used the forms view, using step-by-step only for charitable deductions. Tried step-by-step but could not find where to begin filling in capital gains and losses.
How do I find the forms to enter my capital gains and losses.
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To enter an investment sale from a brokerage account (1099-B), follow the steps below.
Or enter investment sales in the Search/Find box located in the upper right of the program screen. Click on Jump to investment sales
How do I enter my capital gains?
@forbesw wrote:
How do I enter my capital gains?
READ the answer provided above your post.
I sold us savings bonds and how or do I put the interest earned
@Jilucas1 Click this link for instructions on how to report interest from the sale of Savings Bonds with Form 1099-INT.
Click this link if you did not receive a 1099-INT to report Savings Bond Interest.
How do I enter capital gain from a real estate (camp), not my main home?
Here is a link with information that will tell you how to report the sale of "camp".
HOW TO CALCULATE TAX ON STOCK CAPITAL GAINS
You don't have to calculate the tax. That's what Turbo Tax does. You enter each sale with sales price and your cost. Turbo Tax calculates the gain or loss. Then the tax is calculated on ALL your income, not just each kind.
If you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all worksheets to see it.
For the Desktop version you can switch to Forms Mode and open the worksheet to see it. Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet.
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