topic Capital gains entry in Investors & landlords

Capital gains entry

ddavydov — Mon, 09 Mar 2026 09:19:01 GMT

My total investment gains/loses entered to turbo tax are $600, and it appears on summary page "Your 2021 income summary". But on the page "...Here's a Picture of Your 2021 Income" the Capital gains and losses are displayed as $19,000 and it is an extra amount has nothing to do with my income. All my other entries ire identical on both screens. What wrong did I do?

Re: Capital gains entry

GeorgeM777 — Thu, 03 Mar 2022 00:24:51 GMT

If your capital gains summary is showing $19,000, but your actual total gains are only $600, then certain gain amounts may have been added multiple times. If you are using TurboTax online, you need to review the section Stocks, Cryptocurrency, Mutual Funds which is found in the main category of Income & Expenses.

On the line for Stocks, Cryptocurrency, Mutual Funds, you will see an Edit/Add button. Click on the Edit/Add button and review your investment sales summary. Any entries that are duplicated or for whatever reason do not need to be included on your return, delete them by clicking on the Trash can icon.

@ddavydov

Re: Capital gains entry

ddavydov — Thu, 03 Mar 2022 04:24:37 GMT

Thank you for your input, but this is not the case.

I did checked my input, $600 capital gain was calculated by TurboTax application according to my input, it showed on Income & Expenses and it is corresponds to my 1099B form. Problem is that $19,000 amount appeared like from nowhere on the summary of income screen that is follows in few steps after pressing the "Done with your income" button.