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Level 2
February 9, 2020
Question

How can I get TurboTax to correctly report capital gains adjustments on Sch D Part II(g) and Form 8949?

  • February 9, 2020
  • 10 replies
  • 92 views
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10 replies

JohnB5677
Alumni - Intuit
February 9, 2020

I'm not quite sure what you want to adjust, but after you've entered the base transaction from your 1099-B.  There is an option on the bottom [I'll enter additional info on my own].  This will give you a host of additional opportunities to make adjustments.

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Level 2
February 9, 2020

But I don’t have a 1099-B. I have a 1099-S and need to make adjustments to the gain to account for selling expenses (column (g) on Schedule D). 

JohnB5677
Alumni - Intuit
February 9, 2020

If you have a 1095-S you sold a property.  It could have been your home, a second home or a rental property. 

 

You will go to the INCOME section of your return and go to:

  1. I'll choose what I work on
  2. Scroll to the bottom
  3. Less Common Income
  4. You will see sale of Home
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Level 2
June 27, 2020

Thanks, it worked.