Where do I enter a "Total Capital Gain Distribution" from my Brokerage Statement?

nataliewardcamil — Sat, 01 Jun 2019 15:29:44 GMT

As my colleague TurboTax Belling previously responded to...

KarenJ — Sat, 01 Jun 2019 15:29:46 GMT

As my colleague TurboTax Belling previously responded to a similar question:

Capital gain distributions are normally reported to taxpayers on Form 1099-DIV (or an equivalent combined statement from certain brokerage firms).

You can enter them into TurboTax as follows:

Federal taxes< wages and income< select "I'll choose what I work on" or "Jump to a Full List", or
Scroll down through All Income and under the section for Interest & Dividends, select Start or Update across from "Dividends on 1099-DIV".
Answer "yes" on the next screen, to indicate you have amounts to enter from a 1099-DIV form.

The capital gain distributions are entered in Box 2a of the 1099-DIV input screen. These amounts will flow to your Schedule D part II line 13.

Re: As my colleague TurboTax Belling previously responded to...

KAT7886 — Tue, 14 Mar 2023 01:00:10 GMT

Thank you for the info. That is good to know because I had the same question. Where to enter special when you use TT Business version when you let the software taking you step by step.

topic Where do I enter a "Total Capital Gain Distribution" from my Brokerage Statement? in Investors & landlords

Where do I enter a "Total Capital Gain Distribution" from my Brokerage Statement?

As my colleague TurboTax Belling previously responded to...

Re: As my colleague TurboTax Belling previously responded to...